Russel Metals Inc.
Russel Metals Inc. (TSX: RUS) is trading at CA$86.93, about ₹5,881 at today's CAD/INR rate, as of 29 Sep 2026, 4:00 PM ET, up 0.80% today. Indian residents can buy Russel Metals from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$85.88
Today's high
CA$87.46
52 week low
CA$39.09
52 week high
CA$87.46
RUS opened at CA$86.24, closed previously at CA$86.24, and has traded between CA$39.09 and CA$87.46 over the past 52 weeks.
About
Russel Metals Inc. operates as a leading distributor of metal products across North America. The company's business activities are structured into three main divisions: Metals Service Centers, Energy Products, and Steel Distributors. The Metals Service Centers segment provides a comprehensive selection of materials, including plates, flat rolled carbon and stainless steel, aluminum, and other non-ferrous specialty metals. It also offers general line steel items such as structural shapes, bars, sheets, pipes, tubing, and hollow structural steel tubing. This segment further delivers extensive processing capabilities, including fiber tube and flat laser processing, multi-dimensional press braking and rolling, shearing, slitting, custom length cutting, laser, oxy-fuel, and plasma cutting, as well as stretcher and traditional leveling. Additional services encompass beam drilling, notching, coping, tee-splitting, saw cutting, edge trimming, and cambering. Customers for this division span industries like machinery and equipment manufacturing, construction, shipbuilding, and natural resources. The Energy Products segment specializes in supplying the energy industry with essential components such as flanges, valves, fittings, and tubular goods. Lastly, the Steel Distributors segment functions as a key supplier of steel to other steel service centers and large-scale equipment manufacturers. Russel Metals Inc. was founded in 1929 and its corporate headquarters are located in Mississauga, Canada.
Key statistics
Avg. volume
230.74K
Market cap
CA$4.77B
P/E Ratio
22.23
Price-to-sales ratio
0.89
Enterprise value
CA$2.83B
Free cash flow yield
5.09%
Debt-to-equity ratio
0.28
Return on equity
10.62%
ROIC
8.54%
Beta
1.12
Dividend yield
2.00%
Last dividend
CA$1.74
Financial overview
Revenue
CA$4.64B
Earnings per share
CA$3.01
Free cash flow
CA$125.10M
Net profit margin
4.04%
Gross margin
18.35%
EBITDA
CA$340.60M
Revenue growth
8.92%
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This is not an investment recommendation
How to buy Russel Metals from India
Indian residents can buy Russel Metals 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 and then to CAD.
Search for Russel Metals and place an order
Find Russel Metals by name or by its ticker, RUS, and choose an order type. Russel Metals trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Russel Metals position in CAD 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 Russel Metals from India
Trading and taxes when buying Russel Metals 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. Russel Metals’ current yield is 2.00%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Russel Metals stock?
Yes. Russel Metals (RUS) has been listed on the Toronto Stock Exchange since 1996, in the Industrial - Distribution 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 and then to CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Russel Metals share cost in rupees?
One Russel Metals share is CA$86.93 — about ₹5,881 at a CAD/INR rate of 67.65 on 29 Sep 2026. Both the Russel Metals 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 Russel Metals 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.
How are gains on Russel Metals shares taxed in India?
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 CAD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Russel Metals price. Paasa issues a capital-gains statement for your return.
Does Russel Metals pay a dividend, and how is it taxed in India?
Yes. Russel Metals pays a dividend and the current yield is 2.00%; the last declared dividend was CA$1.74 per share, about ₹117.71. 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 Russel Metals from India?
The Toronto 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 Canada is on standard time. Orders can only execute during that window.
Do I have to declare Russel Metals 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 Russel Metals holding, its cost and its closing value.
How do I sell Russel Metals and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in CAD 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.
Does the rupee rate affect what I make on Russel Metals?
Yes. Russel Metals is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.