Ruukki and Cargotec to strengthen cabin cooperation

Press release 4 May 2010

Ruukki has signed a contract with Cargotec to start manufacturing and supplying cabins from new locations in Ruukki's manufacturing network in Holic, Slovakia and Shanghai, China. The cabins are tested, fully-assembled and ready-to-install on mobile machines used in goods and container handling.

"This contract will strengthen our long-term cooperation in the cabin business with Ruukki. Since Cargotec operates globally, it is important that our partners are able to serve us with products of consistent quality in different locations at the right delivery time," says Peter Söderström, Senior Vice President, Global Sourcing, Cargotec.

"We can offer our customer a more comprehensive and competitive solution by supplying cabins not only from our Kurikka unit in Finland, but also from our Holic and Shanghai units, which are logistically close to the customer's own locations," says Patrik Jakobsson, Senior Vice President, Cabins, Booms & Welded Components, Ruukki.

Ruukki is one of the leading suppliers of cabins for mobile machines used in goods and container handling, mining, forest and construction machinery. The company can manage the entire cabin manufacturing process from design and continuous product development to fast, flexible delivery to the customers' production process.

Cargotec provides cargo handling solutions and services for on-road, industrial, harbour as well as marine cargo handling and offshore load handling (www.cargotec.com). Ruukki has long worked together with Cargotec by supplying ready-assembled cabins used in mobile machines for goods and container handling from its Kurikka unit in Finland.

For further information, please contact:

Patrik Jakobsson, Senior Vice President, Cabins, Booms and Welded components, Tel. +46 70 944 0066

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 11,500 people. Net sales in 2009 totalled EUR 2.0 billion. The company's share is quoted on NASDAQ OMX Helsinki (Rautaruukki Oyj: RTRKS). The Corporation uses the marketing name Ruukki.