Friedman Industries, Incorporated engages in the manufacture and processing of steel products in the United States. It operates in two segments, Flat-Roll Products and Tubular Products. The Flat-Roll Product segment is involved in the operation of hot-rolled coil processing facilities to cut the coils into sheets and plates, as well as the provision of process and storage services for customer-owned coils on a fee basis. The Tubular Product segment manufactures line and oil country pipes, as well as pipes for structural applications. It serves customers manufacturing steel products, and steel and pipe distributors. The company was incorporated in 1965 and is headquartered in Longview, Texas.
U.S. Market Performance
7D7 Days: -1.2%
3M3 Months: 12.3%
1Y1 Year: 21.3%
YTDYear to Date: 7.0%
Over the past 7 days, the market has dropped 1.2% with the Consumer Discretionary sector contributing the most to the decline. In contrast to the last week, the market is actually up 21% over the past year. As for the next few years, earnings are expected to grow by 15% per annum. Market details ›
This week, we’re diving deeper into the world of agentic AI. We’re zeroing in on the core technologies that make these intelligent agents actually reliably work. We explore what all this could mean for software, start-ups, and most importantly, the opportunities and risks each industry faces by adopting Agentic AI.