Exhibit 4.18
 CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN PORTIONS OF THIS AGREEMENT.
CONFIDENTIAL PORTIONS HAVE BEEN OMITTED AND FILED SEPARATELY WITH THE U.S. SECURITIES AND EXCHANGE
COMMISSION.
     Renewal Notice
 A$460m Multi Option Facility Agreement dated 2 November 2009 between Sims Metal
Management Limited and related companies and the Commonwealth Bank of Australia
 Borrowers Lender Facility Agreement
 Existing Final Termination Date New Final Termination Date
 a)
    
    the Borrowers indicating their acknowledgement and agreement to the extension of the Final
Termination Date by 12 months, by signing and delivering this notice to the Lender within 30
days at receiving it;b)
    
    The Borrowers indicating their acknowledgement and agreement to the Key Terms Schedule being
amended and restated in the form set out in the Schedule to this notice, by initialing the
attached schedule and delivering the initialled schedule (attached to this notice) to the
Lender within 30 days of receiving it;c)
    
    [*]; andd)
    
    The Lender is mandated with a minimum role as Joint Agent and 60% share of fees for any USPP
executed by the Borrower to 31 December 2010.
  e)
    
    the definition of Final Termination Date in clause 1.2 of the Facility Agreement shall be
amended to be the New Final Termination Date;f)
    
    the Key Terms Schedule will be amended end restated in the form set out in the attached
Schedule; andg)
    
    A term defined in the Facility Agreement has the same meaning when used in this
Renewal Notice.
 [*] Confidential Treatment Requested




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Schedule  Amended and restated Key Terms Schedule
 Part 1  Cash Advance Facility
 Facility
    
    Available.Facility Limit
    
    Not applicable.Purpose
    
    Financing or supporting the working capital needs of the Sims Group.Termination Date
    
    Not applicable.Margin
    
    The Margin determined in accordance with the following table:Gearing ratio
    
    Margin[*]
    
    [*]
 [*] Confidential Treatment Requested




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Part 2  Commercial Bills Facility
 Facility
    
    Available.Facility Limit
    
    Not applicable.Purpose
    
    Financing or supporting the working capital
needs of the Sims Group.Termination Date
    
    Not applicable.Bill Acceptance / Endorsement Fee Rate
    
    The Bill Acceptance /
Endorsement Fee Rate determined in accordance with the following table:Bill Acceptance / EndorsementGearing Ratio
    
    Fee Rate[*]
    
    [*]
 [*] Confidential Treatment Requested




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Part 3  Credit Support Facility
 Facility
    
    Available.Facility Limit
    
    Not applicable.Purpose
    
    Financing or supporting the working capital
needs of the Sims Group.Termination Date
    
    Not applicable.Credit Support Document Fee Rate
    
    The Credit Support
Document Fee Rate determined in accordance with the following table:Credit Support Document FeeGearing Ratio
    
    Rate[*]
    
    [*]
 [*] Confidential Treatment Requested




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Part 4  Trade Finance Facility
 Facility
    
    Available.Documentary LCs
    
    Available.Trade Advances
    
    Available.Process of Negotiation
    
    Available.Facility Limit
    
    Not applicable.Purpose
    
    The financing or refinancing of Obligations.Termination Date
    
    Not applicable.Margin
    
    The Margin determined in accordance with the following table:Gearing Ratio
    
    Margin[*]
    
    [*]
 [*] Confidential Treatment Requested




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Part 5  Overdraft Facility
 Facility
    
    Available.Purpose
    
    Financing or supporting the working capital needs of
the Sims Group.Termination Date
    
    Not applicable.Overdraft Borrower

    
    1


    Sims Group Australia Holdings Limited;2

    Sims Aluminum Pty Limited;3
    Sims Metal Management Ltd; and4
    any other entity agreed by the Lender to be an
Applicant for the purposes of the Group Limit
Facility in accordance with paragraph (2)(g) of the
Group Limit Facility.
 Part 6  General
 Commitment

    
    $450,000,000Commitment Fee Rate
    
    On any date, [*]of the Margin on that date.Final Termination Date
    
    31 December 2011.Overdue Margin
    
    [*]per annum
 [*] Confidential Treatment Requested




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Sims Metal Management Limited
 sign hereDirectorprint namesign hereDirector/Company Secretaryprint name
 [*] Confidential Treatment Requested




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Lender
  Commonwealth Bank of Australia
 sign hereAttorneyprint nameIn the presence ofsign hereWitnessprint name
 [*] Confidential Treatment Requested