FRD - Friedman Industries May Rise 25% As Tariffs Drive Demand
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About Friedman Industries
Friedman Industries, Incorporated (NYSE: FRD) ("Friedman", "Friedman Industries", or the "Company") is a manufacturer and processor of steel products and operates in two product segments: coil products and tubular products. The Company is engaged in a non-seasonal, highly-competitive business and competes with other processors of hot-rolled steel coils. The steel industry, in general, is characterized by a small number of extremely large companies dominating the bulk of the market and a large number of relatively small companies, such as Friedman, competing for a limited share of the market.
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