UNITED STATES

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                  FORM 8 - K/A

                                 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 28, 2002 (October 25, 2002)




                           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:         574-273-7000



ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS

Exhibit 99.1   Corrected copy of the Combined Monthly Operating Report for the
month ended September 30, 2002.


ITEM 9. REGULATION FD DISCLOSURE

This Form 8-K/A is being filed to correct an error in the Form 8-K which was
filed by National Steel Corporation (the "Company") on October 25, 2002. In that
Form 8-K, the Company filed a copy of the required combined monthly operating
report for the month ended September 30, 2002 (the "Operating Report") in a form
prescribed by the office of the United States Trustee of the Department of
Justice for the Northern District of Illinois, Eastern Division. The Combined
Statement of Cash Flows included in the Operating Report incorrectly showed an
amount of $9.8 million as the "Net Increase in Cash and Cash Equivalents" and
$4.7 million as the "Cash and cash equivalents at the beginning of the period."
Instead, the "Net Increase in Cash and Cash Equivalents" should have been $4.7
million and the "Cash and cash equivalents at the beginning of the period"
should have been $9.8 million. A corrected copy of the Operating Report is
attached as Exhibit 99.1 to this Form 8-K/A.

The Company cautions readers not to place undue reliance upon the information
contained in the Operating Report. The information in the Operating Report was
not audited, however, in the opinion of the Company's management, the
information reflects all adjustments necessary for a fair presentation of the
results for the periods presented in accordance with generally accepted
accounting principles. There can be no assurance that the Operating Report is
complete. The Operating Report also contains information for periods which are
shorter or otherwise different from those required in the Company's reports
pursuant to the Exchange Act of 1934, as amended (the "Exchange Act"). Such
information may not be indicative of the Company's financial statements in its
reports pursuant to the Exchange Act and readers are cautioned to refer to the
Exchange Act filings.

                                    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 28, 2002               By: /s/ Kirk A. Sobecki
                                      ------------------------------------------
                                      Kirk A. Sobecki
                                      Senior Vice President and
                                       Chief Financial Officer