Rautaruukki has completed the acquisition of Steel-Mont

Rautaruukki Corporation has today completed the acquisition of the company Steel-
Mont a.s. The total purchase price is about 10 million euros. Steel-Mont will be
consolidated in Rautaruukki's reporting from April 1, 2006.

Steel-Mont is the leading steel constructor in Slovakia. The purchase of Steel-
Mont provides Ruukki with strategically important steel structure manufacturing
and erection capacity. The acquisition, together with the new production plant to
be opened in Hungary in spring 2006, will significantly increase Ruukki's
capabilities in total deliveries in the central eastern European countries.

Steel-Mont will use the Ruukki marketing name and logo.


Further information:
Mikko Hietanen, CFO, tel. +358 20 592 9030
Saku Sipola, President, Ruukki Construction, tel. +358 20 592 8979


Rautaruukki Corporation

Taina Kyllönen
VP, Corporate Communications


Ruukki 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. Ruukki has operations in 23 countries
and employs 12,000 people. Net sales in 2005 totalled EUR 3.7 billion. The
company's share is quoted on the Helsinki Exchanges (Rautaruukki Corporation:
RTRKS). The Corporation has used the marketing name Ruukki since 2004.


DISTRIBUTION
Helsinki Exchanges
Principal Media
www.ruukki.com