ArcelorMittal Procurement Engineer Salaries by 4 Employees

1 - 5 years exp.

₹3.6 Lakhs - ₹4.1 Lakhs

Low Confidence

Salary of majority employees

18% less than the average Procurement Engineer Salary in Iron & Steel Companies for 1 - 5 years of experience

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Last Updated: 10 Aug 2024

Companies similar to ArcelorMittal for Procurement Engineer

Company name	Avg Annual Salary	Open Jobs
Hyundai Steel Procurement Engineer Salary 3 - 6 years exp. (6 salaries)	₹2.9 L/yr - ₹4.5 L/yr 2% less
POSCO MAHARASHTRA STEEL Procurement Engineer Salary 1 - 11 years exp. (4 salaries)	₹4.5 L/yr - ₹6.8 L/yr 48% more
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Tata Steel Procurement Engineer Salary 2 - 9 years exp. (4 salaries)	₹4.2 L/yr - ₹5.2 L/yr 23% more
Techmaxx Engineering Services Procurement Engineer Salary 1 - 4 years exp. (416 salaries)	₹2 L/yr - ₹4.2 L/yr 21% less
Inoventic Tech Solution Procurement Engineer Salary 1 - 3 years exp. (327 salaries)	₹2 L/yr - ₹3.8 L/yr 26% less

Procurement Engineer salary at ArcelorMittal ranges between ₹3.6 Lakhs to ₹4.1 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of ArcelorMittal.

Experience wise ArcelorMittal Procurement Engineer salaries

Last Updated: 10 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.6 L/yr - ₹3.6 L/yr
2 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
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3 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
4 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹4.1 L/yr

Similar Designation salaries in ArcelorMittal

Procurement Officer Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Procurement Analyst Salary

(AmbitionBox Estimate)

₹15.3 L/yr - ₹19.5 L/yr

Executive Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Graduate Engineer Salary

(8 salaries)

₹6 L/yr - ₹8 L/yr

Procurement Executive Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Assistant Engineer Salary

(8 salaries)

₹2.5 L/yr - ₹5 L/yr

Procurement Specialist Salary

(4 salaries)

₹12 L/yr - ₹26 L/yr

Senior Engineer Salary

(6 salaries)

₹5.4 L/yr - ₹15 L/yr

Junior Engineer Salary

(4 salaries)

₹2.5 L/yr - ₹3.25 L/yr

Salary related reviews for ArcelorMittal

Deputy Manager in Hazira

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 05 Dec 2022

1.0

for Salary and Benefits

Likes

Good company and so many upcoming projects. Department working culture is good, everyone has their own responsibility.

Dislikes

...rrible, need free transportation No festival bonus No facilities for employees You will get nothing except your salary To improve employees productivity company should provide good facilities.

Salary - Bad

Senior Counsellor in Gandhinagar

Full Time

Sales & Business Development Department

1.0

• posted on 13 Jul 2024

3.0

for Salary and Benefits

Likes

Just salary on time

Dislikes

Worst management of NAMTECH- Egomaniac Directors, Feeble leadership, total inhuman. It is an noble initiative and people who just want to fillup their pockets and use their positions toil with the juniors and just to satisfy ego they play with people's carreer. You can check apart from few people, their senior Management and so called leaders change everytime. Just money of AMNS is the saviour, otherwise such people will destroy the organisation as well as careers of junior people

Skill development - Bad

+4 more

Metallurgical Engineer in Hazira

Production, Manufacturing & Engineering Department

5.0

• posted on 02 Feb 2021

5.0

for Salary and Benefits

Likes

Those guys who r absent during that time there job also safe.heathy working culture like social distance wearing all ppes.management also good.

Salary - Excellent

+6 more

Dislikes

They are not increasing OJT/AFE salary.After working 4 year they are not confirm.just getting 20000 per month.is it fair ?

CNC Machine Operator

Other Department

1.0

• posted on 18 Aug 2018

4.0

for Salary and Benefits

Likes

Arcealor mittal (K.S.A) Salary is good but work nature was not good In offer letter they are giving our professional positions after joining they are making changes . & making to operate other machines & different works .

Salary - Good

Dislikes

Company is good for earning money don't have carrer growth & knowledge. Always work No T breaks only lunch 30 mins.

Skill development - Poor

+4 more

Assistant Manager in Khopoli

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 04 Dec 2024

5.0

for Salary and Benefits

Likes

Work life balance, values, appraisal and visionary leader Mr. Lakshmi Mittal.

Salary - Excellent

+6 more

Dislikes

AMNS acquired so many plants in India, old culture still following by employees. AMNS need to apply new culture in all plants.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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ArcelorMittal Procurement Engineer Salary FAQs

What is the salary of Procurement Engineer at ArcelorMittal ?

The average salary of a Procurement Engineer at ArcelorMittal in India typically ranges from ₹3.6 Lakhs to ₹4.1 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Procurement Engineer at ArcelorMittal earn more than ₹4.1 Lakhs per year, and the top 1% earn over ₹4.1 Lakhs per year. Procurement Engineer Salaries at ArcelorMittal can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 ArcelorMittal employees in India.

What is the estimated take home salary of a Procurement Engineer at ArcelorMittal in India?

The estimated take-home salary of a Procurement Engineer at ArcelorMittal in India typically ranges from ₹28,233 to ₹29,623 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹4.1 Lakhs per year for employees with experience ranging from 1 year to 5 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of ArcelorMittal. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than ArcelorMittal for Procurement Engineer in India?

POSCO MAHARASHTRA STEEL	₹4.5 Lakhs to ₹6.8 Lakhs per year
Tata Steel	₹4.2 Lakhs to ₹5.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ArcelorMittal, depending on the role and experience level.

What is the salary of a Procurement Engineer in companies similar to ArcelorMittal in India?

The salary of a Procurement Engineer at companies similar to ArcelorMittal in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Hyundai Steel	₹2.9 Lakhs to ₹4.5 Lakhs per year
Techmaxx Engineering Services	₹2.0 Lakhs to ₹4.2 Lakhs per year
Inoventic Tech Solution	₹2.0 Lakhs to ₹3.8 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Procurement Engineer at ArcelorMittal in India?

The salary growth for a Procurement Engineer at ArcelorMittal depends on factors such as experience, performance, and promotions. On average, a Procurement Engineer can expect the following growth trajectory at ArcelorMittal:

Experience	Average Salary Range
1 year	₹3.6 Lakhs to ₹3.6 Lakhs per year
2 years	₹3.3 Lakhs to ₹4.2 Lakhs per year
3 years	₹3.4 Lakhs to ₹4.4 Lakhs per year
4 years	₹1.6 Lakhs to ₹4.1 Lakhs per year

and so on.

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ArcelorMittal Procurement Engineer Salaries

ArcelorMittal Procurement Engineer salary in India ranges between ₹3.6 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 ArcelorMittal latest salaries received from various employees of ArcelorMittal.