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                              March 19, 2024

       Marcelo Cunha Ribeiro
       Chief Financial Officer
       National Steel Company
       Av.Brigadeiro Faria Lima, 3400 - 20th floor
       Sao Paulo-SP, Brazil 04538-132

                                                        Re: National Steel
Company
                                                            Form 20-F for the
Year Ended December 31, 2022
                                                            Response dated
March 6, 2024
                                                            File No. 001-14732

       Dear Marcelo Cunha Ribeiro:

              We have reviewed your March 6, 2024 response to our comment
letter and have the
       following comments.

              Please respond to this letter within ten business days by
providing the requested
       information or advise us as soon as possible when you will respond. If
you do not believe a
       comment applies to your facts and circumstances, please tell us why in
your response.

               After reviewing your response to this letter, we may have
additional comments. Unless
       we note otherwise, any references to prior comments are to comments in
our February 28, 2024
       letter.

       Form 20-F for the Fiscal year Ended December 31, 2022

       Item 4. Information on the Company
       General, page 17

   1.                                                   We note that you have
included a draft of your material property resource and reserve
                                                        tables. Please ensure
resources are reported exclusive of mineral reserves and that your
                                                        revised disclosure
includes the point of reference (for example in-situ, mill feed, or
                                                        saleable product), the
cut-off grade, and the metallurgical recovery factor as required by
                                                        Item 1304(d)(1) of
Regulation S-K for material properties.
 Marcelo Cunha Ribeiro
FirstName  LastNameMarcelo Cunha Ribeiro
National Steel Company
Comapany
March      NameNational Steel Company
       19, 2024
March2 19, 2024 Page 2
Page
FirstName LastName
2.       We note that you have included a draft of your non-material property
resource and
         reserve tables. Please ensure resources are reported exclusive of
mineral reserves and that
         your revised disclosure includes the point of reference (for example
in-situ, mill feed, or
         saleable product) and the commodity price, as required by Item
1303(b)(3) of Regulation
         S-K for non-material properties.
3.       Please file your amended Form 20-F for the fiscal year ended December
31, 2022 and the
         revised technical report summary that includes revisions that address
all staff comments.

         Please ensure all information required under Item 1304 of Regulation
S-K is included in
         the amendment for your material mining properties.
       If you have any questions regarding mining comments, please contact John
Coleman at
202-551-3610 or Craig Arakawa at 202-551-3650. Please contact Melissa Gilmore
at 202-551-
3777 or Kevin Woody at 202-551-3629 if you have any other questions.



                                                              Sincerely,

                                                              Division of
Corporation Finance
                                                              Office of
Manufacturing