Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No ___X____
COMPANHIA SIDERÚRGICA NACIONAL
Corporate Taxpayer’s ID (CNPJ/MF): 33.042.730/0001-04
Publicly-Held Company
NOTICE TO THE MARKET
CSN hereby informs the market and its shareholders that yesterday (April 12, 2016) it entered into a Conduct Adjustment Agreement with the Rio de Janeiro State Environment Department, the Rio de Janeiro State Environment Control Commission and the Rio de Janeiro State Environment Institute (INEA) comprising the resolution of all pending environmental issues related to the Presidente Vargas Plant (UPV), thereby ensuring the continuation of operations at UPV.
By September 2017, CSN will invest R$178 million in production process improvements and will pay R$22 million to INEA to be used in environmental programs in the Volta Redonda region.
This agreement reiterates CSN’s commitment to the sustainability of its activities, the communities in Volta Redonda and surrounding region, as well as the creation of value for shareholders, employees and stakeholders.
Companhia Siderúrgica Nacional
São Paulo, April 13, 2016.
________________________________________________________
Paulo Rogério Caffarelli
Executive Officer
COMPANHIA SIDERÚRGICA NACIONAL | |
By: |
/S/ Benjamin Steinbruch
|
Benjamin Steinbruch
Chief Executive Officer |
| |
By: |
/S/ Paulo Rogério Caffarelli
|
Paulo Rogério Caffarelli
Executive Officer |
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.