Steel Dynamics, Inc.
Steel Dynamics, Inc. (NASDAQ: STLD) is trading at $221.90, about ₹21,316 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 3.69% today. Indian residents can buy Steel Dynamics from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$221.65
Today's high
$231.86
52 week low
$138.10
52 week high
$288.74
STLD opened at $231.86, closed previously at $230.39, and has traded between $138.10 and $288.74 over the past 52 weeks.
About
Steel Dynamics, Inc. is a prominent American steel manufacturer and metal recycling enterprise, conducting its operations through three distinct business divisions. The Steel Operations segment is responsible for producing a broad range of steel products, including hot, cold, and coated rolled steel, various structural shapes like beams, channels, and angles, flat and reinforcing bars, and a diverse selection of rail and engineered steel bar products. This segment also provides specialized processing services for both bar products (such as turning, polishing, and heat treating) and specialty items (including cutting, welding, and galvanizing). Its offerings cater to numerous industries, such as construction, automotive, manufacturing, transportation, heavy and agricultural equipment, and pipe and tube production. Sales are channeled directly to end-users, steel fabricators, and service centers. The Metals Recycling Operations division focuses on acquiring, processing, and reselling ferrous (e.g., heavy melting steel, shredded scrap, cast iron) and nonferrous (e.g., aluminum, copper, stainless steel) scrap metals, transforming them into reusable materials. This division further offers supplementary services including transportation logistics, marketing, brokerage, and scrap management. The Steel Fabrication Operations segment manufactures crucial components for commercial building construction, such as steel joists, girders, trusses, and steel deck products. Established in 1993 and headquartered in Fort Wayne, Indiana, the company also engages in exporting its products internationally.
Key statistics
Avg. volume
1.19M
Market cap
$31.80B
P/E Ratio
20.05
Price-to-sales ratio
1.55
Enterprise value
$28.49B
Free cash flow yield
2.00%
Debt-to-equity ratio
0.44
Return on equity
13.24%
ROIC
8.19%
Beta
1.51
Dividend yield
0.94%
Last dividend
$2.06
Financial overview
Revenue
$18.18B
Earnings per share
$8.02
Free cash flow
$501.51M
Net profit margin
7.83%
Gross margin
14.62%
EBITDA
$2.11B
Revenue growth
3.63%
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This is not an investment recommendation
How to buy Steel Dynamics from India
Indian residents can buy Steel Dynamics 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 Steel Dynamics and place an order
Find Steel Dynamics by name or by its ticker, STLD, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Steel Dynamics trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Steel Dynamics 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 Steel Dynamics from India
Trading and taxes when buying Steel Dynamics 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. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Steel Dynamics’ current yield is 0.94%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
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 Steel Dynamics stock?
Yes. Steel Dynamics (STLD) has been listed on NASDAQ since 1996, 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 Steel Dynamics share cost in rupees?
One Steel Dynamics share is $221.90 — about ₹21,316 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Steel Dynamics 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 Steel Dynamics 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 Steel Dynamics with less than the price of one share?
Yes. A whole Steel Dynamics share is $221.90, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.
How are gains on Steel Dynamics 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 Steel Dynamics price. Paasa issues a capital-gains statement for your return.
Does Steel Dynamics pay a dividend, and how is it taxed in India?
Yes. Steel Dynamics pays a dividend and the current yield is 0.94%; the last declared dividend was $2.06 per share, about ₹197.88. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Steel Dynamics from India?
NASDAQ 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 there estate or inheritance tax on Steel Dynamics shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Steel Dynamics 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 Steel Dynamics holding, its cost and its closing value.
How do I sell Steel Dynamics 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.