Amendment No. 1 Turnkey Engineering And Construction Contract

Exhibit 10-JJ


AMENDMENT NO. 1 TO
NO. 1 CONTINUOUS GALVANIZING LINE
TURNKEY ENGINEERING AND
CONSTRUCTION CONTRACT


This Amendment No. 1 ("AMENDMENT") made this 19th day of March, 1999 by and between National Steel Corporation, Great Lakes Division, a Delaware corporation with its office at 4100 Edison Lakes Parkway, Mishawaka, Indiana 46545 ("NATIONAL") and NKK Steel Engineering, Inc., a Delaware corporation with its office at 910 Sheraton Drive, Suite 400, Mars, Pennsylvania 16046-9414 ("CONTRACTOR").


RECITALS

A. NATIONAL and CONTRACTOR are parties to the No. 1 Continuous Galvanizing Line Turnkey Engineering and Construction Contract dated as of October 23, 1998 ("AGREEMENT").


B. NATIONAL and CONTRACTOR have agreed that CONTRACTOR will perform certain additional WORK pursuant to the AGREEMENT.


C. The purpose of this AMENDMENT is to document the terms and conditions under which this additional WORK will be performed.


NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows:


1. Definitions. All capitalized terms, which are not otherwise defined herein, shall have the meanings given to them in the AGREEMENT.


2. Additional WORK. CONTRACTOR agrees the WORK to be performed by CONTRACTOR pursuant to the AGREEMENT shall include the following additional items which were quoted by CONTRACTOR as "options" in its document dated October 19, 1998 entitled "National Steel No. 1 CGL--Option Price":


a. Additional track rail for terminal;


b. Additional track rail for furnace;


c. Welder monitoring system;


d. ITV for GJC;


e. Pyrometer for RTF;


f. CRT size from 17" to 21" (quantity: 5 sets);


g. One additional HMI in entry pulpit;


h. One additional PC in entry pulpit


i. Space for side trimmer per drawing 2 and CONTRACTOR
revision to 6400 mm clearance.


The detailed scope of work for the items described in a--i above has been set forth in an amendment to the AS-SOLD SPECIFICATION which has been mutually agreed to by NATIONAL and CONTRACTOR.


3. Amendment of Section 5.1. The first sentence of Section 5.1 of the AGREEMENT is hereby amended and restated in its entirety as follows:


"The total amount due CONTRACTOR for full and complete performance by
CONTRACTOR of all the WORK, compliance with all of the terms and conditions
of this CONTRACT, and for CONTRACTOR's payment of all of its obligations
incurred in or applicable to performa ...