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2011-02-21 12:00:00 CET 2011-02-21 12:00:23 CET REGULATED INFORMATION Rautaruukki - Company AnnouncementOver EUR 10 million steel structure and installation contract for Ruukki for Outokumpu's ferrochrome investment in TornioRautaruukki Corporation Stock exchange release 21 February 2011 at 1pm EET Rautaruukki has signed a contract with Outokumpu to manufacture and install the steel structures for the ferrochrome smelter at the Tornio Works in Finland. The contract is worth over EUR 10 million. Outokumpu plans to double the group's ferrochrome production capacity in Finland. The new smelter will enable the production of high-quality ferrochrome energy-efficiently and with minimal emissions."We trust in Ruukki's ability as steel structure contractor in large, demanding industrial projects. It is not only a competitive delivery entity, but also reliability, delivery capacity and ensured safety in all stages of the project that are important to the customer," says Chief Project Manager Heikki Pekkarinen from Outokumpu. Deliveries will commence in March this year and the installation work is scheduled to be completed in January 2012. The steel structures will be manufactured mostly at Ruukki's Ylivieska works in Finland. For further information please contact: Sami Eronen, SVP, Building Projects, Ruukki Construction, tel. +358 20 592 5173 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 11,700 people. Net sales in 2010 totalled EUR 2.4 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 [HUG#1490871] |
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