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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): October 14, 1999
(October 11, 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 October 11, 1999 announcing
its new National Steel shingles that fight corrosion with Teflon. 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 October 11, 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
Date: October 14, 1999 By: /s/ Glenn H. Gage
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Glenn H. Gage
Senior Vice President and
Chief Financial Officer
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Exhibit 99.1
News Release
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Media Contact: Clarence Ehlers
(219) 273-7327
Analyst/Investor Contact: Joseph A. Rainis
(219) 273-7158
NEW NATIONAL STEEL SHINGLES FIGHT CORROSION WITH TEFLON(R)
Mishawaka, IN, October 11, 1999 -- National Steel Corporation (NYSE: NS) is
introducing metallic-coated steel shingles with DuPont Teflon(R) brand surface
protection.
Under a development agreement with DuPont, Wilmington, Delaware, National Steel
has the exclusive use of the Teflon(R) brand for surface protection for steel
shingles. "We believe that National Steel is uniquely positioned to take
advantage of developments with Teflon(R) for their new shingles," said Warren
Bowman, market development manager for DuPont surface protection.
"Teflon(R) coating provides superior protection and incredible brand awareness.
By combining the strength of steel, the corrosion resistance of the metallic
coating and the surface protection of Teflon(R), National Steel is introducing a
shingle designed to meet the needs of the consumer," said Michael Scott, general
manager of National Steel's construction marketing and sales group. Teflon(R)
surface protection is applied as a continuous fluropolymer film and is so rugged
that it isn't damaged during forming of the shingle.
National Steel expects that steel shingles protected with Teflon(R) will find
broad use in both residential and commercial buildings. With Teflon(R), they
will keep their appearance for extended periods in virtually any environment.
Teflon(R) surface protection is highly resistant to weathering, including UV
attack and acid rain, and is unaffected by many chemicals and solvents. It is
also resistant to abrasion. Rain washes most soil off Teflon(R), and it is not
subject to mildew.
DuPont is a science company, delivering science-based solutions that make a
difference in people's lives in food and nutrition; health care; apparel; home
and construction; electronics; and transportation. Founded in 1802, the company
operates in 65 countries and has 92,000 employees.
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.
