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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 18)*
Friedman Industries, Incorporated
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(Name of Issuer)
Common Stock, $1.00 par value
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(Title of Class of Securities)
358435 10 5
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(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
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CUSIP NO. 358435 10 5 13G Page 2 of 3 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Harold Friedman
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) /X/
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
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5 SOLE VOTING POWER
NUMBER OF
1,154,959 shares
SHARES -------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY Not Applicable
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING
1,154,959 shares
PERSON ------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
Not Applicable
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,154,959 shares
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not Applicable
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
17.8%
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12 TYPE OF REPORTING PERSON*
IN
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HAROLD FRIEDMAN Page 3 of 3 Pages
Item 1 (a) NAME OF ISSUER: Friedman Industries, Incorporated
(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
4001 Homestead Road
Houston, Texas 77028
Item 2 (a) NAME OF PERSON FILING: Harold Friedman
(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
4001 Homestead Road
Houston, Texas 77028
(c) CITIZENSHIP: USA
(d) TITLE OF CLASS OF SECURITIES: Common Stock, $1.00 par value
(e) CUSIP NUMBER: 358435 10 5
Item 3 Not Applicable
Item 4 (a) AMOUNT BENEFICIALLY OWNED: 1,154,959 shares
(b) PERCENT OF CLASS: 17.8%
(c) (i) Sole Voting Power: 1,154,959
(ii) Shared Voting Power: Not applicable
(iii) Sole Dispositive Power: 1,154,959
(iv) Shared Dispositive Power: Not applicable
Item 5 Not Applicable
Item 6 Not Applicable
Item 7 Not Applicable
Item 8 Not Applicable
Item 9 Not Applicable
Item 10 Not Applicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is complete and
correct.
February 13, 1998
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Date
/s/ Harold Friedman
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Harold Friedman
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