<SEC-DOCUMENT>0002011184-25-000007.txt : 20250226
<SEC-HEADER>0002011184-25-000007.hdr.sgml : 20250226
<ACCEPTANCE-DATETIME>20250226105234
ACCESSION NUMBER:		0002011184-25-000007
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250226
DATE AS OF CHANGE:		20250226

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FRIEDMAN INDUSTRIES INC
		CENTRAL INDEX KEY:			0000039092
		STANDARD INDUSTRIAL CLASSIFICATION:	STEEL WORKS, BLAST FURNACES & ROLLING & FINISHING MILLS [3310]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				741504405
		STATE OF INCORPORATION:			TX
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-17968
		FILM NUMBER:		25667525

	BUSINESS ADDRESS:	
		STREET 1:		1121 JUDSON RD
		STREET 2:		SUITE 124
		CITY:			LONGVIEW
		STATE:			TX
		ZIP:			75601
		BUSINESS PHONE:		9037583431

	MAIL ADDRESS:	
		STREET 1:		PO BOX 2192
		CITY:			LONGVIEW
		STATE:			TX
		ZIP:			75606

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			De Lisle Partners LLP
		CENTRAL INDEX KEY:			0002011184
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			X0
		FISCAL YEAR END:			0131

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		3 FIRS LANE
		CITY:			POOLE
		STATE:			X0
		ZIP:			BH148JG
		BUSINESS PHONE:		00441202972288

	MAIL ADDRESS:	
		STREET 1:		3 FIRS LANE
		CITY:			POOLE
		STATE:			X0
		ZIP:			BH148JG
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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    <submissionType>SCHEDULE 13G/A</submissionType>
    <previousAccessionNumber>0002011184-24-000002</previousAccessionNumber>
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      <filer>
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    <coverPageHeader>
      <amendmentNo>1</amendmentNo>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>12/31/2024</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0000039092</issuerCik>
        <issuerName>FRIEDMAN INDUSTRIES INC</issuerName>
        <issuerCusip>358435105</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>1121 JUDSON RD</com:street1>
          <com:street2>1121 JUDSON RD</com:street2>
          <com:city>LONGVIEW</com:city>
          <com:stateOrCountry>TX</com:stateOrCountry>
          <com:zipCode>75601</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(b)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
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      <reportingPersonName>De Lisle Partners LLP</reportingPersonName>
      <citizenshipOrOrganization>X0</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>408127.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>419816.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>419816.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>6.0</classPercent>
      <typeOfReportingPerson>FI</typeOfReportingPerson>
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      <item1>
        <issuerName>FRIEDMAN INDUSTRIES INC</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>1121 JUDSON RD, 1121 JUDSON RD, LONGVIEW, TEXAS, 75601.</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Richard de Lisle</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>3 Firs Lane, Poole, BH148JG, United Kingdom</principalBusinessOfficeOrResidenceAddress>
        <citizenship>United Kingdom</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>N</notApplicableFlag>
        <typeOfPersonFiling>FI</typeOfPersonFiling>
        <otherTypeOfPersonFiling>Institutional Investment Manager</otherTypeOfPersonFiling>
      </item3>
      <item4>
        <amountBeneficiallyOwned>419,816</amountBeneficiallyOwned>
        <classPercent>6.0%</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>408,127</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>0</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>419,816</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>0</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
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      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
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      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to Institutional Investment Manager is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.

</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>De Lisle Partners LLP</reportingPersonName>
      <signatureDetails>
        <signature>Richard de Lisle </signature>
        <title>CEO</title>
        <date>02/26/2025</date>
      </signatureDetails>
    </signatureInformation>
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