United States securities and exchange commission logo





                 June 1, 2022

       Richard Manson
       Chief Financial Officer
       OLYMPIC STEEL INC
       22901 Millcreek Blvd. Suite 650
       Highland Hills, Ohio 44122

                                                        Re: OLYMPIC STEEL INC
                                                            Registration
Statement on Form S-3
                                                            Filed on May 27,
2022
                                                            File No. 333-265301

       Dear Mr. Manson:

              This is to advise you that we have not reviewed and will not
review your registration
       statement.

               Please refer to Rules 460 and 461 regarding requests for
acceleration. We remind you
       that the company and its management are responsible for the accuracy and
adequacy of their
       disclosures, notwithstanding any review, comments, action or absence of
action by the staff.

              Please contact Janice Adeloye at 202-551-3034 or Lilyanna Peyser
at 202-551-3222 with
       any questions.




                 Sincerely,


                 Division of Corporation Finance

                 Office of Trade & Services