Rautaruukki - Company Announcement

Ruukki delivers the steel structures for the largest shopping centre in Scandinavia

Rautaruukki Corporation Stock exchange release 1 June 2012 at 11.15 EEST

Ruukki has signed a contract to design, manufacture and install the steel
structures for the largest shopping centre in Scandinavia. The contract is worth
over EUR 30 million. When completed in Solna, near Stockholm in 2015, the Mall
of Scandinavia will be the largest shopping centre in Scandinavia and will
consist of a total of around 300,000 square metres spread across 7 storeys.
Friends Arena (formerly known as Swedbank Arena), for which Ruukki has also
delivered the steel structures, will be completed in autumn 2012 in the same
area."Mall of Scandinavia is Peab's largest contract ever and we will deliver a mall
far beyond the ordinary to our customer, Unibail-Rodamco. Ruukki and
Strängbetong were the entrepreneurs who showed us that together they had
adequate resources and technical expertise for the assignment. We appreciate the
same commitment and desire to work towards "A clean site is a Safe site"
principle as Ruukki demonstrated in our previous project of Stockholm
Waterfront," says Claes Ullén, Peab Construction Manager, Mall of Scandinavia.

Mall of Scandinavia is being built for Unibail-Rodamco. The main contractor is
the Swedish company Peab Sverige AB, to which Ruukki and the Swedish company
Strängbetong will make the frame deliveries together."The steel structures to be delivered by Ruukki are an important part of the
entire building. This is the largest single frame structure contract in Sweden
in Ruukki's history. Ruukki's strengths are project management expertise at
large sites, optimised design and building solutions together with long-standing
cooperation with key actors. This type of project is our core expertise and we
have plenty of experience of large commercial construction projects," says Sami
Eronen, SVP Building Projects, Ruukki Construction.

Deliveries will begin in September this year and installation work is scheduled
for completion in September 2014. The entire building will be completed in
autumn 2015.

For further information, please contact: Sami Eronen, SVP, Building Projects,
Ruukki Construction, tel. +358 40 557 8839

Rautaruukki Corporation
Taina Kyllönen
SVP, Marketing & 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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