Synalloy
Corporation
    
    Exhibit
21   Subsidiaries of the Registrant
    
    All of
the Company's subsidiaries are wholly owned. All subsidiaries are included in
the Company's consolidated financial statements. The subsidiaries are as
follows:
    
    Synalloy
Metals, Inc., a Tennessee corporation
    Bristol Metals, LLC, a Tennessee
corporation
    
    Manufacturers
Soap and Chemicals Company, a Tennessee corporation
    Manufacturers Chemicals, LLC, a
Tennessee corporation
    
    Ram-Fab,
LLC, a South Carolina corporation
    
    Metchem,
Inc., a Delaware corporation
     
    SFR, LLC, a South Carolina corporation