Rautaruukki - Corporate Action

Ruukki studying options for future of Mo i Rana plant in Norway

Rautaruukki Corporation Stock exchange release 29 December 2009 at 13.00


Ruukki is planning to reorganise operations at its Mo i Rana plant in Norway,
which makes shipbuilding profiles and flange profiles for windmill towers.
Ruukki will study the options, including the partial or entire closure of
operations in Mo i Rana, available to correct the unit's financial performance.
Worker consultation with the around 110 persons affected will be initiated in
connection with the studies being made.

Market conditions have remained difficult. During the second half of the year,
demand in the shipbuilding industry has remained weak and the level of activity
is estimated to remain low for a longer period. The Mo i Rana unit posted an
operating loss of EUR 13 million for the first nine months of 2009.



For further information, please contact
Tommi Matomäki, President, Ruukki Engineering, tel. +358 20 592 8809


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 12,200 people. Net sales in 2008 totalled EUR 3.9 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 <http://www.ruukki.com>


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