Exhibit 12.1

A.M. Castle & Co.

Computation of Ratio of Earnings to Fixed Charges

(Dollars in thousands)

	For the year ended December 31,
	2007			2008			2009			2010			2011
Pre-tax income (loss) from continuing operations before adjustment for income or loss from equity investee	$	77,776		$	(5,241	)	$	(43,569	)	$	(14,326	)	$	(14,613	)
Fixed charges (see below)	19,254			15,523			10,076			8,312			16,155
Amortization of capitalized interest	—			31			62			62			62
Distributed income of equity method investee	1,545			2,955			485			1,260			3,117
Interest capitalized	(267		)	(160		)	—			—			—
Total adjusted earnings available for payment of fixed charges	$	98,308		$	13,108		$	(32,946	)	$	(4,692	)	$	4,721
Fixed Charges:
Interest expense	$	12,092		$	9,498		$	5,919		$	4,504		$	12,246
Interest capitalized	267			160			—			—			—
Amortization of deferred financing costs and debt discounts	1,207			716			684			685			1,662
Estimated interest component of rental expense	5,688			5,149			3,473			3,123			2,247
Total fixed charges	$	19,254		$	15,523		$	10,076		$	8,312		$	16,155
Ratio of earnings to fixed charges	5.11			—		(a)	—		(b)	—		(c)	—		(d)

(a)   Total fixed charges exceeded total adjusted earnings available for payment of fixed charges by $2,415, due to a goodwill impairment charge of $58,860 recorded in the Company’s Metals segment in December 2008.

(b)   Total fixed charges exceeded total adjusted earnings available for payment of fixed charges by $43,022.

(c)   Total fixed charges exceeded total adjusted earnings available for payment of fixed charges by $13,004.

(d)   Total fixed charges exceeded total adjusted earnings available for payment of fixed charges by $11,434.