FRD Profile — Friedman Industries, Inc.
Friedman Industries is engaged in the steel processing, pipe manufacturing and processing and steel and pipe distribution business. Co. operates in two product groups: coil, which involve converting steel coils into flat sheet and plate steel cut to customer specifications and reselling steel coils; and tubular, in which it purchases, processes, manufactures and markets tubular products. Co. provides its coil products and processing services to steel distributors and customers fabricating steel products such as storage tanks, steel buildings, and farm machinery and equipment; and sells its tubular products to customers that include steel and pipe distributors, and piling contractors.