Exhibit 21

List of Subsidiaries of Olympic Steel, Inc.

Name of Subsidiary	State of Organization	% Ownership
Olympic Steel Lafayette, Inc.	Ohio	100%
Olympic Steel Minneapolis, Inc.	Minnesota	100%
Olympic Steel Iowa, Inc.	Iowa	100% (a)
Oly Steel NC, Inc.	Delaware	100%
Tinsley Group — PS&W, Inc.	North Carolina	100% (b)

(a)	Owned 100% by Olympic Steel Minneapolis, Inc.
(b)	Owned 100% by Oly Steel NC, Inc.

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