Rautaruukki - Company Announcement

PRODUCTION BACK TO NORMAL AT RAUTARUUKKI'S RAAHE WORKS

Rautaruukki Oyj	Stock exchange release	26 October 2007 at 15.35


PRODUCTION BACK TO NORMAL AT RAUTARUUKKI'S RAAHE WORKS

An end to the strike by members of the Union of Salaried Employees has resulted
in an immediate start-up of the units affected by the strike at Rautaruukki's
Raahe Works in Finland. Production is expected to be back to normal by tomorrow
morning. Deliveries to customers will also begin immediately on Saturday. 

The strike by members of the Union of Salaried Employees stopped hot-rolling
production and the cutting lines at the Raahe Steel Works. This resulted in the
stoppage of product manufacture at the works as well as deliveries to customers
and products for further processing by the company. The strike did not
significantly affect the operations of Rautaruukki's customer divisions. 

Separate information will be provided about the financial effects of the
industrial action on the company as these become known once production has
returned to normal. 


Further information is available from:

Mikko Hietanen, CFO, tel. +358 20 592 9030


Rautaruukki Oyj

Anne Pirilä
SVP, Corporate Communications and Investor Relations

Rautaruukki supplies metal-based components, systems and integrated systems to
the construction and mechanical engineering industries. The company has a wide
selection of metal products and services. Rautaruukki has operations in 24
countries and employs 14,500 people. Net sales in 2006 totalled EUR 3.7 billion.
The company's share is quoted on the OMX Nordic Exchange Helsinki (Rautaruukki
Oyj: RTRKS). The Corporation has used the marketing name Ruukki since 2004.

www.ruukki.com

DISTRIBUTION
OMX Nordic Exchange Helsinki
Main media
www.ruukki.com