<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
(A) FORM 10-Q QUARTER ENDED SEPTEMBER 20, 2000.
</LEGEND>
<CIK> 0000039092
<NAME> FRIEDMAN INDUSTRIES, INCORPORATED
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> MAR-31-2000
<PERIOD-START> JUL-1-2000
<PERIOD-END> SEP-30-2000
<CASH> 16,137
<SECURITIES> 0
<RECEIVABLES> 10,517,773
<ALLOWANCES> 0
<INVENTORY> 29,119,743
<CURRENT-ASSETS> 39,969,690
<PP&E> 19,847,463
<DEPRECIATION> 12,674,887
<TOTAL-ASSETS> 48,025,463
<CURRENT-LIABILITIES> 10,661,906
<BONDS> 7,200,000
0
0
<COMMON> 7,548,921
<OTHER-SE> 22,081,076
<TOTAL-LIABILITY-AND-EQUITY> 48,025,463
<SALES> 31,064,827
<TOTAL-REVENUES> 31,094,921
<CGS> 28,585,878
<TOTAL-COSTS> 29,717,024
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 158,687
<INCOME-PRETAX> 1,219,210
<INCOME-TAX> 414,531
<INCOME-CONTINUING> 804,679
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 804,679
<EPS-BASIC> 0.11
<EPS-DILUTED> 0.11
</TABLE>