Rautaruukki Board supports the share exchange offer

| Source: SSAB AB
SSAB has been informed that today the Rautaruukki Board of Directors has
approved the attached statement in support of the share exchange offer.
For further information, please contact:

Andreas Koch, Head of Investor Relations, andreas.koch@ssab.com

+46 8 45 45 729
SSAB is a global leader in value added, high strength steel. SSAB offers
products developed in close cooperation with its customers to create a stronger,
lighter and more sustainable world.SSAB has employees in over 45 countries and
operates production facilities in Sweden and the US. SSAB is listed on the
NASDAQ OMX Nordic Exchange, Stockholm. www.ssab.com