ArcelorMittal S.A.
ArcelorMittal S.A. (AMS: MT) is trading at €57.28, about ₹6,221 at today's EUR/INR rate, as of 9 Oct 2026, 11:36 AM ET, up 5.64% today. Indian residents can buy ArcelorMittal from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€55.26
Today's high
€57.62
52 week low
€31.87
52 week high
€68.56
MT opened at €55.30, closed previously at €54.22, and has traded between €31.87 and €68.56 over the past 52 weeks.
About
ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in the Americas, Europe, Asia, and Africa. It offers semi-finished flat products, including slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, tinplate, and color coated coils and sheets; semi-finished long products, such as blooms and billets; finished long products consisting of bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes. The company also provides mining products, such as iron ore lumps, fines, concentrate, pellets, and sinter feeds; and coking coal. It sells its products to various customers in the automotive, appliance, engineering, construction, energy, and machinery industries through a centralized marketing organization, and distributors. The company operates iron ore mining activities in Brazil, Bosnia, Liberia, Mexico, South Africa, and Ukraine, as well as in India and in Canada. ArcelorMittal S.A. was founded in 1976 and is headquartered in Luxembourg, Luxembourg.
Key statistics
Avg. volume
1.77M
Market cap
€43.19B
P/E Ratio
26.83
Price-to-sales ratio
0.77
Enterprise value
$42.88B
Free cash flow yield
1.40%
Debt-to-equity ratio
0.26
Return on equity
5.79%
ROIC
4.19%
Beta
1.63
Dividend yield
1.08%
Last dividend
€0.62
Financial overview
Revenue
$61.35B
Earnings per share
$4.13
Free cash flow
$490.20M
Net profit margin
2.88%
Gross margin
9.58%
EBITDA
$6.54B
Revenue growth
-1.74%
Similar securities
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. Read the full guide: how to invest in ArcelorMittal from India
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 EUR.
Search for ArcelorMittal and place an order
Find ArcelorMittal by name or by its ticker, MT, and choose an order type. ArcelorMittal trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your ArcelorMittal position in EUR and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying ArcelorMittal from India
Trading and limits
- Trading hours
- 9:00 am – 5:30 pm CET
- 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 1.08%.Dividend tax explained
FAQs
Can Indian residents buy ArcelorMittal stock?
Yes. ArcelorMittal (MT) has been listed on Euronext Amsterdam since 2005, 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 and then to EUR. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one ArcelorMittal share cost in rupees?
One ArcelorMittal share is €57.28 — about ₹6,221 at an EUR/INR rate of 108.61 on 8 Oct 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.
How are gains on ArcelorMittal 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 EUR/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 1.08%; the last declared dividend was €0.62 per share, about ₹67.14. 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?
Euronext Amsterdam trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when the Netherlands is on standard time. Orders can only execute during that window.
Is ArcelorMittal a Netherlands company, and does that change how it is taxed?
ArcelorMittal trades on Euronext Amsterdam in EUR, but the company is domiciled in Luxembourg. ArcelorMittal trades as an ordinary share listed directly in the Netherlands, not a depositary receipt. 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 (12:30 pm – 9:00 pm IST) and the proceeds settle in EUR 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 ArcelorMittal?
Yes. ArcelorMittal is priced in EUR, so your rupee outcome combines the EUR move with the EUR/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.