RAUTARUUKKI TO EXPAND OPERATIONS IN RUSSIA WITH NEW STEEL SERVICE CENTRE


Rautaruukki Oyj	Stock Exchange Release	23 April 2008 at 9.10 

RAUTARUUKKI TO EXPAND OPERATIONS IN RUSSIA WITH NEW STEEL SERVICE CENTRE

Rautaruukki is to expand its operations in Russia and build a steel service
centre next to its production plant in the city of Obninsk, to the southwest
of Moscow. The EUR 13 million investment will strengthen Ruukki's position in
Russia, broaden the product range and service capability from construction to
increasingly encompass the engineering industry. 

Ruukki has over 2,000 employees in Russia, with around 1,800 in Obninsk. Ruukki
has had a strong presence on the Russian steel construction market since 2006,
when it acquired Ventall, Russia's leading supplier of steel frames and
sandwich panels. 

The new steel service centre will begin operations in late 2009 and provide
laser and plasma cutting, as well as edging services especially for engineering
industry customers in Central Russia, Moscow and the Kaluga region. During the
construction phase, Ruukki will make use of its existing production facilities
and machinery in Obninsk to provide wear-resistant and high-strength structural
steels and related services. 

-The Obninsk service centre will especially serve the lifting, handling and
transportation equipment industry. Using Ruukki's parts processing services,
customers will be able to focus on their core business and product
assembly. The benefits are clear: more efficient customer production process,
no need to invest in parts processing, faster market entry and improved
end-product quality, lists Olavi Huhtala, President, Ruukki Metals. 

In Russia, Ruukki has a service centre also in Parnas, St Petersburg. In
addition to Moscow and St Petersburg, Ruukki has sales operations in many
growth centres in Russia. 

For more information, please contact: Olavi Huhtala, President, Ruukki Metals,
tel. +358 20 592 9157 


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 24 countries and
employs 14,600 people. Net sales in 2007 totalled EUR 3.9 billion. The
company's share is quoted on the OMX Nordic Exchange Helsinki (Rautaruukki Oyj:
RTRKS). The Corporation uses the marketing name Ruukki. 

www.ruukki.com

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