Rautaruukki - Company Announcement

Ruukki to spread purchases of raw materials

Rautaruukki Corporation Stock exchange release 2 May 2012 at 12 noon EEST

Rautaruukki has signed a long-term, three-year contract for supplies of coking
coal and iron pellets with Severstal Resources, a division of the Russian
company OAO Severstal. The contract enables Ruukki to reduce its dependency on
distant coking coal and to spread purchases of raw materials.

The contract signed will cover up to around 20 per cent of Ruukki's coking coal
and iron pellet requirement at full delivery volume. Pellet deliveries will
begin this month and deliveries of coking coal will begin in July.

Ruukki sources most of the iron pellets it needs from the Swedish company LKAB
and buys coking coal on the global market from i.e. the USA, Canada and
Australia. The contract now signed will ensure the long-term supply of these
main raw materials in various market conditions.

For further information, please contact:
Sakari Kallo, Senior Vice President, Production, Ruukki Metals, tel.
+358 20 592 8888

Rautaruukki Corporation
Taina Kyllönen
SVP, Marketing and Communications

Ruukki provides its customers with energy-efficient steel solutions for better
living, working and moving. Ruukki operates in some 30 countries and employs
around 11,800 people. Net sales in 2011 totalled EUR 2.8 billion. The company's
share is quoted on NASDAQ OMX Helsinki (Rautaruukki Oyj: RTRKS).

DISTRIBUTION:
NASDAQ OMX Helsinki
Main media
www.ruukki.com


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