Rautaruukki - Company Announcement

European Commission decision concerning price collusion during 1997-2001 in divested prestressing steel business

Rautaruukki Corporation Stock Exchange release  30 June 2010 at 14:30 EET

The European Commission has today, 30 June 2010, completed its investigations
into dozens of companies manufacturing prestressing steel. In accordance with
the Commission decision, a total of 17 European steel producers will be fined
for price collusion between competitors during the years 1984-2002. The
Commission ordered fines totalling EUR 518 million for the companies involved.

The prestressing steel business practised during 1997-2001 by Rautaruukki's
former subsidiary, Fundia, was included in the investigation. Rautaruukki sold
its interest in Fundia to Ovako in 2005-2006. Rautaruukki, Fundia's owner at the
time, has been, jointly and severally with the Ovako companies concerned,
ordered to pay a fine of EUR 4.7 million.

Rautaruukki will examine the grounds for the Commission decision and evaluate
any further action warranted. Commission decisions can be appealed at the Court
of Justice of the European Union in Luxembourg.

For further information, please contact: Olli Huuskonen, General Counsel, tel.
+358 20 592 9300



Rautaruukki Corporation

Anne Pirilä

SVP, 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 11,500 people. Net sales in 2009 totalled 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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