FRIEDMAN INDUSTRIES INC
10-K, EX-21.1, 2000-06-29
STEEL WORKS, BLAST FURNACES & ROLLING & FINISHING MILLS
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<PAGE>   1

                                                                    EXHIBIT 21.1

                                  SUBSIDIARIES

<TABLE>
<S>                                                <C>                 <C>
Royal Fasteners Corporation......................  Texas Corporation   100% owned
</TABLE>


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