FRIEDMAN INDUSTRIES INC
For the period ended Jun 11, 2026. Filed Jun 11, 2026.
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Jun 11, 2026 · Filed Jun 11, 2026
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EX-99.1 · FLAT-ROLL SEGMENT OPERATIONS
FLAT-ROLL SEGMENT OPERATIONS
Flat-roll segment sales for the 2026 quarter totaled approximately $175.7 million, compared to approximately $117.7 million for the 2025 quarter.
Sales volume for the 2026 quarter consisted of approximately 157,500 tons from inventory and another 19,000 tons of toll processing, compared to approximately 139,000 tons from inventory and 16,500 tons of toll processing in the 2025 quarter. The increase in sales volume was driven by stronger demand among some customers, successful commercial efforts to increase capacity utilization and the acquisition of Century.
The average selling price increased from approximately $836 per ton in the 2025 quarter to approximately $1,108 per ton in the 2026 quarter. The flat-roll segment recorded earnings from operations of approximately $13.9 million and $7.1 million for the 2026 quarter and 2025 quarter, respectively.
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