2014-02-26 08:00:00 CET

2014-02-26 08:01:30 CET


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Rautaruukki - Company Announcement

Rautaruukki participating in Fennovoima's nuclear power project


Rautaruukki Corporation Stock exchange release 26 February 2014 at 9am EET

Rautaruukki participating in Fennovoima's nuclear power project

Rautaruukki has today confirmed to Voimaosakeyhtiö SF its binding commitment to
participate in Fennovoima's Hanhikivi 1 nuclear power plant project.
Rautaruukki's share of the output of the plant's nominal capacity is estimated
to be around 40 MW. Over the following 10 years, Rautaruukki will invest around
EUR 60 million in the project. Most of the investment will be back loaded.

Rautaruukki's involvement in the project is one way the company can spread
purchases of the electricity needed in steel production. The company seeks to
ensure a long-term supply of competitive, steadily-priced, carbon-dioxide-free
electricity.

Fennovoima's Hanhikivi 1 nuclear power plant is to be built in Pyhäjoki,
Northern Ostrobothnia. The power plant is scheduled to enter commercial service
in 2024.

For more information, please contact:
Toni Hemminki, Chief Strategy Officer, Rautaruukki Corporation, tel.
+358 20 592 9217



Taina Kyllönen
SVP, Marketing and Communications

Ruukki specialises in steel and steel construction. We provide customers with
energy-efficient steel solutions for better living, working and moving. We have
around 8,600 employees and an extensive distribution and dealer network across
some 30 countries including the Nordic countries, Russia and elsewhere in Europe
and the emerging markets, such as India, China and South America. Net sales in
2013 totalled €2.4 billion. The company's share is quoted on NASDAQ OMX Helsinki
(Rautaruukki Oyj: RTRKS). www.ruukki.com

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


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