Exhibit 16
May 3, 2002
Office of the Chief Accountant
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Dear Sir or Madam:
We have read Item 4 included in the Form 8-K dated May 3, 2002 of Olympic Steel, Inc. to be filed with the Securities and Exchange Commission and are in agreement with the statements contained therein.
| Ve | ry truly yours, |
AR | THUR ANDERSEN LLP |
cc: Mr. Richard T. Marabito
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