8-K

                                 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):  July 6, 2000 (July 5, 2000)



                          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


ITEM 5.  OTHER EVENTS


National Steel Corporation issued a press release on July 5, 2000 announcing
that it has sold its 30% ownership in Presque Isle Corporation to the Lafarge
Corporation.  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 5, 2000.



                                   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:  July 6, 2000              By:  /s/ Glenn H. Gage
                                      -----------------------------------
                                      Glenn H. Gage
                                      Senior Vice President and
                                      Chief Financial Officer

EX-99.1

                                                                    Exhibit 99.1


                        [LETTERHEAD OF NATIONAL STEEL]





NEWS RELEASE
- ------------

Media Contact:       Clarence J. Ehlers
                     (219) 273-7327

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


                 NATIONAL STEEL SELLS INTEREST IN PRESQUE ISLE


Mishawaka, IN, July 5, 2000 - National Steel Corporation (NYSE:  NS) today
announced that it has sold its 30.0% ownership in the Presque Isle Corporation
to the Lafarge Corporation, North America's largest diversified supplier of
construction materials.  National Steel expects to use the proceeds from the
sale for general corporate purposes.

Presque Isle Corporation operates a limestone quarry on the shoreline of Lake
Huron.  The company was formed in 1953 as a joint venture between LTV Steel
Company, Inc., Bethlehem Steel Corporation and National Steel Corporation.  Both
LTV and Bethlehem have also agreed to sell their interest in Presque Isle
Corporation to Lafarge.

"The sale of Presque Isle continues our strategy of focusing on our core steel
operations," said John A. Maczuzak, president and chief operating officer of
National Steel Corporation.  The Company expects to book a gain of approximately
$15 million during the second quarter of 2000.

All statements contained in this release, other than historical information, are
forward-looking statements.  A variety of factors could cause business
conditions and the Company's actual results and experience to differ materially
from those expected by the Company or expressed in the Company's forward-looking
statements.  Additional information concerning these factors is available in the
Company's most recent Form 10-K for the year ended December 31, 1999.

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