STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
Rautaruukki Corporation has today released the interim report for the period January-June 2014. The report is attached to this release and also available at the company website www.ruukki.com
On July 29 2014, SSAB gained control over 95.1 percent of the shares in Rautaruukki, which now is a subsidiary of SSAB AB (publ). A compulsory redemption process to gain control over and redeem the remaining minority shares in Rautaruukki has been initiated by SSAB. Until Rautaruukki becomes a wholly-owned subsidiary of SSAB, Rautaruukki will remain listed on Nasdaq OMX Helsinki.
SSAB (STO:SSABA) (STO:SSABB) is a Nordic and US-based steel company. SSAB offers value added products and services developed in close cooperation with its customers to create a stronger, lighter and more sustainable world. SSAB has employees in over 50 countries. SSAB has production facilities in Sweden, Finland and the US. SSAB is listed on the NASDAQ OMX Nordic Exchange in Stockholm and has a secondary listing on the NASDAQ OMX in Helsinki. www.ssab.com.
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