FRIEDMAN INDS

FRD AMEX
6.23
+0.12
+2.04%
Closed 16:00 07/22 EDT
Open
6.11
Prev Close
6.11
High
6.33
Low
6.11
Volume
6.95K
Avg Vol (3M)
13.17K
52 Week High
11.47
52 Week Low
5.90
% Turnover
0.10%
Market Cap
43.61M
1D
5D
1M
3M
1Y
5Y

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Company Profile

Friedman Industries, Incorporated is engaged in steel processing, pipe manufacturing and processing and steel and pipe distribution. The Company has two product groups: coil and tubular products. It purchases prime hot-rolled steel coils, processes the coils into flat, finished sheet and plate, and sells these products on a wholesale, rapid-delivery basis in competition with steel mills, importers and steel service centers. It owns and operates approximately two coil processing facilities located in Hickman, Arkansas (Hickman) and Decatur, Alabama (Decatur). Through its Texas Tubular Products Division (TTP) in Lone Star, Texas, the Company manufactures, purchases, processes and markets tubular products (pipe). TTP operates over two pipe mills. It sells coil products and processing services to approximately 125 customers located primarily in the midwestern, southwestern and southeastern regions of the United States.
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