Rautaruukki Corporation Stock exchange release 23 September 2011 at 9.30 EEST Rautaruukki is to deliver the steel structures for a paper mill to be built by Stora Enso in Ostroleka, Poland. The project includes the manufacture and installation of the steel frame for the paper mill and warehouse. The contract is worth over EUR 8 million. The contract now agreed is a continuation of earlier cooperation between the two companies. In 2009-2010, Ruukki provided the steel frame for the power plant delivered by Metso to Stora Enso's Ostroleka Mill. Ruukki's double-grade high-strength steel will be used for the steel structures. This grade is ideal for the large truss structures in the building. For the customer, Ruukki's high-strength steel enables structures that are up to 20 per cent lighter in weight. "This is a very important contract for Ruukki and an opening to the markets in Central Eastern Europe. This is the first time high-strength steel will be used in a large building project in this market area. High-strength steel enables Ruukki to stand out from the other actors in the field," says Jorma Korhonen, Business Director, CEE & Baltics at Ruukki. The steel structures will be manufactured at Ruukki's steel structure plants at Oborniki in Poland and Bolintin Deal in Romania between October 2011 and February 2012. Installation work will begin in November 2011 and the mill is scheduled for completion during the first quarter of 2013. For further information, please contact: Sami Eronen, SVP, Building Projects, Ruukki Construction, tel. +358 40 557 8839 Rautaruukki Corporation Taina Kyllönen SVP, Marketing and Communications 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 11,700 people. Net sales in 2010 totalled EUR 2.4 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 [HUG#1549177]
Over EUR 8 million steel structure contract for Rautaruukki for Stora Enso's mill in Poland
| Source: Rautaruukki