Rautaruukki Corporation applies for termination of public

Rautaruukki Corporation Stock exchange release 16 October 2014 at 10.20am EEST

Rautaruukki Corporation applies for termination of public trading in its shares

The Board of Directors of Rautaruukki has resolved to apply for the termination
of trading in Rautaruukki's shares and for the delisting of the shares from the
official list of NASDAQ OMX Helsinki Ltd (the "Helsinki Stock Exchange"). An
application regarding the matter has been filed with the Listing Committee of
the Helsinki Stock Exchange today. In the application, it is requested that
public trading in Rautaruukki's shares is terminated and the shares are delisted
from the official list of the Helsinki Stock Exchange as soon as possible after
SSAB has gained title to all the shares in Rautaruukki.

SSAB  AB (publ) ("SSAB") currently holds directly approximately 95.1 per cent of
all  the shares and  votes in Rautaruukki  Corporation ("Rautaruukki"). SSAB has
initiated  redemption proceedings in  accordance with Chapter  18 of the Limited
Liability  Companies Act - Finland  in order to acquire  the remaining shares in
Rautaruukki.  Provided that  the arbitral  tribunal appointed  by the Redemption
Board  of the  Finland Chamber  of Commerce  on September 25, 2014 confirms that
SSAB's  redemption right is clear, SSAB is  legally entitled to acquire title to
the  remaining  shares  in  Rautaruukki  by  posting  a security approved by the
arbitral tribunal for the payment of the redemption price.

Rautaruukki Corporation
Taina Kyllönen
Head of Group Communications

For further information, please contact: Olli Huuskonen, SVP, General Counsel,
tel. +358 20 5929 300

Rautaruukki is now part of SSAB (publ) ("SSAB"), a steel company with global
reach which has its main production plants in Sweden, Finland and the United
States. The company's steel business is structured around four divisions - SSAB
Special Steels, SSAB Europe, SSAB Americas and the steel distribution partner
Tibnor, and one division, Ruukki Construction, which focuses on the construction
business. Rautaruukki's share is quoted on NASDAQ OMX Helsinki. SSAB's shares
are quoted on NASDAQ OMX Nordic Stockholm and NASDAQ OMX Helsinki. www.ssab.com.
www.ruukki.com

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


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