ArcelorMittal S.A.
ArcelorMittal S.A. (NYSE: MT) is trading at $67.96, about ₹6,528 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 2.71% today. Indian residents can buy ArcelorMittal from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$67.57
Today's high
$69.73
52 week low
$36.70
52 week high
$79.68
MT opened at $68.45, closed previously at $69.85, and has traded between $36.70 and $79.68 over the past 52 weeks.
About
ArcelorMittal S.A. and its subsidiaries operate as a comprehensive, globally integrated steel production and mining enterprise, with operations spanning Europe, North and South America, Asia, and Africa. The firm's core steel offerings encompass a wide array of items. These include semi-finished flat goods, specifically slabs, alongside finished flat products like plates, hot-rolled and cold-rolled coils and sheets, galvanized coils and sheets (both hot-dipped and electro-galvanized), tinplate, and pre-painted coils and sheets. For long products, it manufactures semi-finished forms such as blooms and billets. Its finished long products consist of bars, wire-rods, structural sections, railway rails, sheet piles, and various wire products. Additionally, ArcelorMittal supplies both seamless and welded pipes and tubes. Beyond steel, the company's mining segment extracts and processes primary materials such as iron ore, presented as lumps, fines, concentrates, pellets, and sinter feeds. It also provides various types of coal, including coking coal, thermal coal, and coal for pulverized injection. These materials are distributed to a diverse clientele within sectors such as automotive, domestic appliances, engineering, construction, energy, and heavy machinery. Distribution occurs via its internal centralized marketing department and an extensive network of distributors. Its iron ore extraction operations are located in Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, South Africa, and Ukraine. Coal mining, however, is solely conducted in Kazakhstan. Established in 1976, ArcelorMittal S.A. maintains its corporate headquarters in Luxembourg City, Luxembourg.
Key statistics
Avg. volume
1.63M
Market cap
$51.72B
P/E Ratio
28.43
Price-to-sales ratio
0.82
Enterprise value
$42.70B
Free cash flow yield
1.35%
Debt-to-equity ratio
0.26
Return on equity
5.79%
ROIC
4.19%
Beta
1.74
Dividend yield
1.04%
Last dividend
$0.73
Financial overview
Revenue
$61.35B
Earnings per share
$4.13
Free cash flow
$471.00M
Net profit margin
2.88%
Gross margin
9.58%
EBITDA
$5.91B
Revenue growth
-1.74%
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This is not an investment recommendation
How to buy ArcelorMittal from India
Indian residents can buy ArcelorMittal shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for ArcelorMittal and place an order
Find ArcelorMittal by name or by its ticker, MT, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. ArcelorMittal trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your ArcelorMittal position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in ArcelorMittal from India
Trading and taxes when buying ArcelorMittal from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. ArcelorMittal’s current yield is 1.04%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy ArcelorMittal stock?
Yes. ArcelorMittal (MT) has been listed on the New York Stock Exchange since 1997, in the Steel industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one ArcelorMittal share cost in rupees?
One ArcelorMittal share is $67.96 — about ₹6,528 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the ArcelorMittal price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying ArcelorMittal from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of ArcelorMittal?
Yes. One ArcelorMittal share is $67.96, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in ArcelorMittal.
How are gains on ArcelorMittal shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the ArcelorMittal price. Paasa issues a capital-gains statement for your return.
Does ArcelorMittal pay a dividend, and how is it taxed in India?
Yes. ArcelorMittal pays a dividend and the current yield is 1.04%; the last declared dividend was $0.73 per share, about ₹69.64. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade ArcelorMittal from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is ArcelorMittal a United States company, and does that change how it is taxed?
ArcelorMittal trades on the New York Stock Exchange in US dollars, but the company is domiciled in Luxembourg. ArcelorMittal trades as an American Depositary Receipt rather than an ordinary share. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Your India-side capital-gains treatment is the same either way.
Do I have to declare ArcelorMittal shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your ArcelorMittal holding, its cost and its closing value.
How do I sell ArcelorMittal and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.