NATIONAL STEEL CORP
8-K, 1999-08-02
STEEL WORKS, BLAST FURNACES & ROLLING MILLS (COKE OVENS)
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                                 UNITED STATES

                      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):  August 2, 1999 (July 30,
                                     1999)



                         NATIONAL  STEEL  CORPORATION

            (Exact name of registrant as specified in its charter)



                                   Delaware
                (State or other jurisdiction of 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

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ITEM 5.  OTHER EVENTS


National Steel Corporation issued a press release on July 30, 1999 announcing a
price increase.  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 July 30, 1999.



                                   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

                               By:  /s/Glenn H. Gage
                                    ----------------
                               Glenn H. Gage
                               Senior Vice President and Chief Financial Officer

Date:  August 2, 1999

<PAGE>

                                                                    Exhibit 99.1

News Release
- ------------

Media Contact:              Clarence Ehlers
                            (219) 273-7327

Analyst/Investor Contact:   Joseph A. Rainis
                            (219) 273-7158



                    NATIONAL STEEL ANNOUNCES PRICE INCREASE


Mishawaka, IN, July 30, 1999 -- National Steel Corporation (NYSE:  NS) announced
today that it will raise the transaction price on Hot Rolled, Hot Dipped
Galvanized, Galvalume(R) and Electrolytic Zinc Coated products by $20 per ton
with orders scheduled for shipment on or after October 3, 1999.

Headquartered in Mishawaka, Indiana, National Steel Corporation is the nation's
fourth largest integrated steel company, with annual shipments of approximately
six million tons of flat-rolled products.  National Steel employs approximately
9,200 employees.  Visit National Steel's website at: www.nationalsteel.com.


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