Quasi‐static tensile tests with smooth round bar and axisymmetric notched tensile specimens have been performed to study the low‐temperature effect on the fracture locus of a 420‐MPa structural steel. Combined with a digital high‐speed camera and a 2‐plane mirror system, specimen deformation was recorded in 2 orthogonal planes. Pictures taken were then analysed with the edge tracing method to calculate the minimum cross‐section diameter reduction of the necked/notched specimen. Obvious temperature effect was observed on the load‐strain curves for smooth and notched specimens. Both the strength and strain hardening characterized by the strain at maximum load increase with temperature decrease down to −60°C. Somewhat unexpected, the fracture strains (ductility) of both smooth and notched specimens at temperatures down to −60°C do not deteriorate, compared with those at room temperature. Combined with numerical analyses, it shows that the effect of low temperatures (down to −60°C) on fracture locus is insignificant. These findings shed new light on material selection for Arctic operation.