Rautaruukki contribution is approximated to be about 60 million euros in 10 years and its share of the production will about 40 MV.
Rautaruukki views the nuclear power project as a way to diversify electricity supply needed for the production of steel.
Last week Outokumpu, another steel company, announced its continuation in the project.
Nickel mining company Talvivaara also announced that it wants to continue in the project but is said to be embroiled in financial difficulties.