EX-21 2 dex21.htm LIST OF SUBSIDIARIES

List of Subsidiaries

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 Receivables, Inc.		Delaware		100%
Olympic Steel Receivables LLC		Delaware		100% (a)
Olympic Steel Trading, Inc.		Ohio		100%
Oly Steel Welding, Inc.		Michigan		100%
Olympic Steel Iowa, Inc.		Iowa		100% (b)
OLP LLC		Michigan		50% (c)
G.S.P., LLC		Michigan		100% (d)
Oly Steel NC, Inc.		Delaware		100%
Tinsley Group – PS&W, Inc.		North Carolina		100% (e)

(a) Owned 100% by Olympic Steel, Inc. and Olympic Steel Receivables, Inc.

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

(c) Owned 50% by Oly Steel Welding, Inc.

(d) Owned 100% by Oly Steel Welding, Inc., as of May 1, 2006.

(e) Owned 100% by Oly Steel NC, Inc.