Exhibit 23

                         CONSENT OF INDEPENDENT AUDITORS

We consent to the incorporation by reference in the following Registration
Statements:

.    Form S-8 No. 33-51991 pertaining to the 1994 and 1995 Stock Grants to Union
     Employees,

.    Form S-8 No. 33-51081 pertaining to the 1993 National Steel Corporation
     Long Term Incentive Plan,

.    Form S-8 No. 33-51083 pertaining to the 1993 National Steel Corporation
     Non-Employee Director's Stock Option Plan, and

.    Form S-8 No. 33-61087 pertaining to the National Steel Retirement Savings
     Plan and National Steel Represented Employee Retirement Savings Plan;

of our report dated February 5, 2003, except for Notes 1 and 10, as to which the
date is March 25, 2003, with respect to the consolidated financial statements of
National Steel Corporation and subsidiaries included in the Annual Report (Form
10-K) for the year ended December 31, 2002.

                                                  /s/ Ernst & Young LLP

Indianapolis, Indiana
March 27, 2003