<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8 - K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): February 19, 1998
NATIONAL STEEL CORPORATION
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction incorporation)
1-983 25-0687210
(Commission File Number) (IRS Employer Identification No.)
4100 Edison Lakes Parkway, Mishawaka, IN 46545-3440
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 219-273-7000
<PAGE>
ITEM 5. OTHER EVENTS
National Steel Corporation issued a press release on February 19, 1998
announcing that its Board of Directors has elected Yutaka Tanaka as a director
effective April 1, 1998. A copy of this press release is attached hereto as
Exhibit 99.1.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
Exhibit 99.1 Press release dated February 19, 1998.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
NATIONAL STEEL CORPORATION
Date: March 4, 1998 By: /s/ John A. Maczuzak
------------------------------------------
John A. Maczuzak
President and Chief Operating Officer
<PAGE>
Exhibit 99.1
News Release
- ------------
Media Contact: Leon L. Judd
(219) 273-7631
Analyst/Investor Contact: Joseph A. Rainis
(219) 273-7158
NATIONAL STEEL ANNOUNCES ELECTION OF
YUTAKA TANAKA AS VICE CHAIRMAN OF THE BOARD
-------------------------------------------
Mishawaka, IN, February 19, 1998 - National Steel Corporation (NYSE:NS)
announced today that its Board of Directors has elected Yutaka Tanaka as a
director effective April 1, 1998. Mr. Tanaka joins National's Board as Vice
Chairman following a 38-year career at NKK Corporation, Japan's second largest
steel company and National Steel's majority shareholder.
Mr. Tanaka joined NKK in 1960 following graduation from Waseda University with a
B.S. degree in Management. He also earned a Master of Science degree from the
Sloan School of Management at the Massachusetts Institute of Technology.
Mr. Tanaka served on the Board of NKK Corporation from 1990 to 1996 and has held
management posts in NKK's Sales, Export, Administration and Finance Departments.
In addition, he has held executive positions at a number of NKK affiliates and
subsidiaries, including Vice President, NKK America Inc, with its principal
office in New York City. In 1988, he became President of NKK U.S.A. Since
1996, he has held the position of President and Chief Executive Officer of
ADCHEMCO Corporation, a subsidiary of NKK Corporation, in Tokyo.
Mr. Tanaka will replace Mr. Yoshinosuke Noma, who will resign from National's
Board on April 1.
Headquartered in Mishawaka, Indiana, National is the nation's fourth largest
integrated steel company, with annual shipments of six million tons of flat
rolled products. National employs approximately 9,400 people. Visit National
Steel's website at: www.nationalsteel.com.
