Rautaruukki - Corporate Action

Ruukki's Mo i Rana plant in Norway to discontinue operations until further notice

Rautaruukki Corporation  Stock Exchange Release 19 February 2010 at 16:00

A decision has been made to discontinue operations until further notice at
Ruukki's Mo i Rana unit in Norway. The unit makes shipbuilding profiles and
flange profiles for windmill towers. According to plan, the unit will be closed
at the earliest convenience, by no later than mid-May 2010.

This decision will affect 110 employees in the unit.

Demand in the shipbuilding industry has been weak and the Mo i Rana unit posted
an operating loss of EUR 30 million for 2009, and the demand in the shipbuilding
industry is expected to decline this year compared to the previous year.

See stock exchange release dated 29 December 2009: Ruukki studying options for
future of Mo i Rana plant in Norway.<http://www.ruukki.com/www/news.nsf/PEBY/0E1422B27334B5DBC225769B003D00BD?opendo
cument>

For further information, please contact:
Tommi Matomäki, President, Ruukki Engineering, tel. +358 20 59 28809


Rautaruukki Corporation

Anne Pirilä
SVP, Corporate Communications and Investor Relations

Rautaruukki supplies metal-based components, systems and integrated systems to
the construction and engineering industries. The company has a wide selection of
metal products and services. Rautaruukki has operations in 27 countries and
employs around 11,700 people. Net sales in 2009 were approximately EUR 2.0
billion. The company's share is quoted on NASDAQ OMX Helsinki (Rautaruukki Oyj:
RTRKS). The Corporation uses the marketing name Ruukki.


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



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