INAUGURATED IN 1983, CST, is an internationally recognized steel mill, specialized in the production of high quality steel for the manufacture of products used by millions of people in their daily lives. The steel mill is strategically located in the Greater Vitória Metropolitan Region in the state of Espírito Santo, occupying a coastal site of 7 million square meters out of a total area of 13.5 million square meters. A COMPREHENSIVE INFRASTRUCTURE endows the Company with highly advantageous conditions not only for production but also to supply domestic and international markets. SINCE ITS PRIVATIZATION IN 1992, CST has invested more than US$ 2.1 BILLION in technological modernization, increased installed capacity and upgraded its product mix. During the period, changes have occurred in the shareholding structure, culminating in the Company’s integration in the Arcelor Group – one of the world’s largest steel conglomerates. THE COMPANY IS CONTINUALLY EVOLVING and currently makes SLABS AND HOT ROLLED ITEMS (COIL) – semi-finished steel products - on the basis of long-term structured relationships, supplying a portfolio of customers strategically selected according to industrial segments and regions both in Brazil and overseas. CST’s installed capacity will be increased from 5 to 7.5 MILLION TONS/YEAR, once an EXPANSION PROGRAM – CURRENTLY IN PROGRESS – is concluded in 2006. THE SUSTAINABILITY OF THE BUSINESS is guaranteed at CST on the basis of a management model, the objective of which is to maintain a balance between economic, social and environmental dimensions in accordance with the principles of sustainable development.

Every surface creates mystery. The wall divides, forbids, shuts out, stops, Or blocks: a tombstone, a gravestone, A lid – neither going up nor down. Such non-permanence Excites and inquires: And beyond? And below? And above? And inside? And outside? It creates the pleasure of breaking up, Crossing over, Gaining the other side, The air, to see And awaken on the same horizon. When I cut and bend A metal sheet Or only cut it, I intend To open up a space On awakening in the raw material A light that’s worth a flame and reveals The communion of the opaque With the space of the stars, A space That reveals rebirth Redeeming the heavy material In the intention to fly. Amílcar de Castro, 1999