Exhibit 4.22

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.

Deed of Amendment

HSBC Facility Agreement



|        |  |                                                                                                                                                                                                                                                                                                                   
|------- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Date    |  | 21 December 2012                                                                                                                                                                                                                                                                                                  
|        | 
|Parties |  | Sims Metal Management Limited
ABN 69 114 838 630 of Sir Joseph Banks Corporate Park, Suite 3, Level 2, 32 Lord Street Botany NSW 2019 Australia (Sims)
and each other entity listed in Schedule 1 as a borrower and in Schedule 2 as a guarantor (each a Transaction Party and together the
Transaction Parties)
|        | 
|        |  | HSBC Bank Australia Limited ABN 48 006
434 162 of Level 31, 580 George Street Sydney New South Wales 2000, Australia                                                                                                                                                                                              
|        | 
|        |  | HSBC Bank plc of City Corporate Banking
Centre, 60 Queen Victoria Street, London, EC4N 4TR United Kingdom                                                                                                                                                                                                         
|        | 
|        |  | HSBC Bank USA, National Association of
452 Fifth Avenue, New York, New York 10018 USA                                                                                                                                                                                                                             
|        | 
|        |  | The Hongkong and Shanghai Banking Corporation Limited
ABN 65 117 925 970 of Level 10, 1 Queens Road, Central Hong Kong                                                                                                                                                                                            
|        | 
|        |  | (each of the foregoing banks and financial institutions together, the Lenders)                                                                                                                                                                                                                                    





Recitals



|A | Under the Facility Agreement, the Lenders have granted certain facilities to the Borrowers.
|- | -------------------------------------------------------------------------------------------



|B | At the request of Sims, the parties to the Facility Agreement have agreed to amend the Facility Agreement and extend the Termination Date as set out in this Deed.
|- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------

Operative provisions







|1. | Definitions and Interpretation
|-- | ------------------------------



|1.1 | The following definitions apply in this Deed:
|--- | ---------------------------------------------

Borrower has the meaning given to
it in the Facility Agreement.



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Common Terms Deed means the Common Terms Deed of that title dated
23 June 2011, as amended, between, amongst others, Sims, each party listed in Part 1 of Schedule 1 of that deed as Original Borrowers, each party listed in Part 2 of Schedule 1 of that deed as Original Guarantors and the Lenders.

Facility Agreement means the Multi Option Facility Agreement of that title dated 3 December 2003, as amended
and restated on 6 December 2005, 26 June 2008, 2 November 2009, 12 May 2010, 7 October 2010 and most recently on 23 June 2011 between, amongst others, Sims and the Lenders.

Transaction Documents has the meaning given to it in the Facility Agreement.



|1.2 | Capitalised terms used in this Deed have the same meaning as in the Facility Agreement (as amended by this Deed) or the Common Terms Deed, unless otherwise defined in this Deed.
|--- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|1.3 | Clause 1.3 of the Common Terms Deed applies to this Deed as if set out in full in this Deed and all references to this deed were references to this Deed.
|--- | ---------------------------------------------------------------------------------------------------------------------------------------------------------



|2. | Amendment
|-- | ---------



|2.1 | The parties to this Deed agree that the Facility Agreement is amended, with effect from the date of this Deed, as follows:
|--- | --------------------------------------------------------------------------------------------------------------------------

Paragraphs (a), (b) and (c) of clause 9 of the Facility Agreement are deleted and replaced with the following:



| | (a) | Sims may, by notice in writing to the Lenders at least 20 Business Days prior to the then current Termination Date (Current Termination Date) or such other period as the Lenders may agree (in their sole and
absolute discretion), request an extension of the Termination Date by a further 12 months or such other period as Sims may require (Requested Period).
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (b) | Following receipt of a request from Sims under clause 9(a), the Lenders shall, prior to the Current Termination Date, notify Sims if they agree (in their sole and absolute discretion) to an extension of the Termination
Date by the Requested Period.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (c) | If the Lenders agree to an extension of the Termination Date under clause 9(b):
| | --- | -------------------------------------------------------------------------------



| | (i) | the Termination Date in any fee letter will be deemed on and from the Current Termination Date to be extended by the Requested Period; and
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------



| | (ii) | [*].
| | ---- | ----



|3. | Extension of Termination Date [*]
|-- | ---------------------------------



|3.1 | The parties to this Deed agree that, with effect from the date of this Deed, the Termination Date is 30 October 2015.
|--- | ---------------------------------------------------------------------------------------------------------------------



|3.2 | [*]
|--- | ---



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|3.3 | For the avoidance of doubt, the Lenders acknowledge and agree that:
|--- | -------------------------------------------------------------------



| | (a) | in respect of the extension of the Termination Date from 23 June 2014 to 23 June 2015 (the 12 Month Extension) effected under the fee letter dated 22 June 2012 between Sims and the Lenders
[*]
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (b) | [*]
| | --- | ---



|4. | References to Facility Agreement
|-- | --------------------------------



|4.1 | Every reference in the Transaction Documents to the Facility Agreement is to be construed as a reference to the Facility Agreement as amended by this Deed. Any reference to this Agreement, in this
Agreement, of this Agreement or words to the same effect in the Facility Agreement will be construed as a reference to the Facility Agreement as amended by this Deed.
|--- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|5. | Confirmation
|-- | ------------



|5.1 | Subject to the provisions of this Deed, the Facility Agreement is confirmed and remains in full force and effect. This Deed and the Facility Agreement will be read and construed as one document.
|--- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|6. | Acknowledgement and agreement
|-- | -----------------------------



|6.1 | Each Transaction Party acknowledges and agrees that:
|--- | ----------------------------------------------------



| | (a) | each Guarantee provided by it to a Lender continues in full force and effect to guarantee and secure the payment of the Outstanding Moneys due to that Lender as that obligation has been extended by the Deed;
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (b) | its respective liabilities and obligations under the Facility Agreement and the Common Terms Deed are not released, reduced or diminished by the extension of the Termination Date under the Facility Agreement to
30 October 2015;
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (c) | nothing in this Deed prejudices or otherwise adversely affects any power of a Lender or any obligation or liability of any Transaction Party to the Lenders, with respect to anything done or effected or otherwise arising
before the date of this Deed; and
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (d) | the Lenders are relying on this Deed in continuing to provide financial accommodation to the Borrowers and in agreeing to the extension of the Termination Date under the Facility Agreement.
| | --- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|7. | General Provisions
|-- | ------------------



|7.1 | This Deed is a Transaction Document in respect of the Lenders for the purposes of the Facility Agreement and a Transaction Document (as defined in the Common Terms Deed) in respect of the Lenders for the
purposes of the definition of Transaction Document in clause 1.2 of the Common Terms Deed.
|--- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|7.2 | This Deed is governed by the laws of New South Wales. Each Transaction Party irrevocably submits to the non-exclusive jurisdiction of the courts of New South Wales.
|--- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------



|7.3 | This Deed may be executed and delivered in counterparts (including by facsimile, telecopy or other electronic imaging means of transmission), each of which will be deemed an original. All counterparts, taken together,
constitute one instrument.
|--- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|7.4 | Each of the attorneys executing this Deed states that the attorney has no notice of the revocation of the power of attorney appointing that attorney.
|--- | -----------------------------------------------------------------------------------------------------------------------------------------------------



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Schedule 1

Borrowers







|                                                                                  |  |                    |  |                                                                                            |  |                       
|--------------------------------------------------------------------------------- |  | ------------------ |  | ------------------------------------------------------------------------------------------ |  | ----------------------
|Company Name                                                                      |  | Registered Number  |  | Registered Office                                                                          |  | Place of
Incorporation
|Australian Borrowers                                                             
|Sims Group Australia Holdings Limited                                             |  | ABN 37 008 634 526 |  | Sir Joseph Banks Corporate Park Suite 3 Level 2
32 Lord Street Botany NSW 2019
Australia |  | ACT, Australia        
|Sims Metal Management Limited                                                     |  | ABN 69 114 838 630 |  | Sir Joseph Banks Corporate Park Suite 3 Level 2
32 Lord Street Botany NSW 2019
Australia |  | VIC, Australia        
|Australian Trade Borrowers                                                       
|Sims Group Australia Holdings Limited                                             |  | ABN 37 008 634 526 |  | Sir Joseph Banks Corporate Park Suite 3 Level 2
32 Lord Street Botany NSW 2019
Australia |  | ACT, Australia        
|Sims Metal Management Limited                                                     |  | ABN 69 114 838 630 |  | Sir Joseph Banks Corporate Park Suite 3 Level 2
32 Lord Street Botany NSW 2019
Australia |  | VIC, Australia        
|UK Borrowers                                                                     
|Sims Group UK Holdings Limited                                                    |  | 2904307            |  | Long Marston Stratford-Upon-Avon Warwickshire CV37 8AQ
United Kingdom                      |  | United Kingdom        
|Sims Group UK Limited                                                             |  | 3242331            |  | Long Marston Stratford-Upon-Avon Warwickshire CV37 8AQ United Kingdom                      |  | United Kingdom        
|Mirec BV                                                                          |  | 17073024           |  | Hastelweg 251, 5652CV, Eindhoven, The Netherlands                                          |  | The Netherlands       
|Sims Metal Management Asia Limited (formerly known as Sims Asia Holdings Limited) |  | 30512              |  | Rm 5501-03, 55th Floor,
Hopewell Centre, 183 Queens Road East,
Wanchai, Hong Kong         |  | Hong Kong             



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|                                                                                   |  |                   |  |                                                                                             |  |                       
|---------------------------------------------------------------------------------- |  | ----------------- |  | ------------------------------------------------------------------------------------------- |  | ----------------------
|Company Name                                                                       |  | Registered Number |  | Registered Office                                                                           |  | Place of
Incorporation
|Sims F E Mottram Limited                                                           |  | 7732913           |  | Oakes Green, Stevenson Road, Sheffield, South
Yorkshire, S9 3WS United Kingdom              |  | United Kingdom        
|Sims Recycling Solutions NV                                                        |  | 0566198430        |  | Europark Noord 32, 9100 Sint-Niklaas, Belgium                                               |  | Belgium               
|US Trade Borrower                                                                 
|Sims Group Global Trade Corporation                                                |  | 4301720           |  | c/o Corporation Service Company, 2711
Centerville Road, Suite 400, Wilmington, DE
19808 USA |  | Delaware, USA         
|US Borrowers                                                                      
|Sims Group USA Corporation                                                         |  | 2142439           |  | c/o Corporation Service Company, 2711
Centerville Road, Suite 400, Wilmington, DE
19808 USA |  | Delaware, USA         
|Metal Dynamics Detroit LLC                                                         |  | 4333336           |  | c/o Corporation Service Company, 2711
Centerville Road, Suite 400 Wilmington, DE
19808 USA  |  | Delaware, USA         
|SMM South Corporation (formerly known as Metal Management Alabama, Inc.)           |  | 2862098           |  | c/o Corporation Service Company, 2711
Centerville Road, Suite 400, Wilmington, DE
19808 USA |  | Delaware, USA         
|Metal Management Arizona, L.L.C.                                                   |  | L-0770756-4       |  | c/o Corporation Service Company, 2338 W. Royal
Palm Road, Suite J Phoenix, AZ 85016 USA     |  | Arizona, USA          
|SMM New England Corporation (formerly known as Metal Management Connecticut, Inc.) |  | 2891658           |  | c/o Corporation Service Company, 2711 Centerville Road, Suite 400, Wilmington, DE 19808 USA |  | Delaware, USA         
|Metal Management Memphis, L.L.C.                                                   |  | 290657            |  | c/o Corporation Service Company, 2908 Poston Avenue, Nashville, TN 37203 USA                |  | Tennessee, USA        



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|                                                                                          |  |                   |  |                                                                                                                                   |  |                       
|----------------------------------------------------------------------------------------- |  | ----------------- |  | --------------------------------------------------------------------------------------------------------------------------------- |  | ----------------------
|Company Name                                                                              |  | Registered Number |  | Registered Office                                                                                                                 |  | Place of
Incorporation
|Metal Management Midwest, Inc.                                                            |  | 45013235          |  | c/o Illinois Corporation Service Company, 801 Adlai Stevenson Drive, Springfield, IL 62703 USA                                    |  | Illinois, USA         
|Metal Management Northeast, Inc.                                                          |  | 6385301000        |  | c/o Corporation Service Company, 830 Bear Tavern Road, West Trenton, NJ 08628 USA                                                 |  | New Jersey, USA       
|Metal Management Ohio, Inc.                                                               |  | 311795            |  | c/o CSC-Lawyers Incorporating Service (Corporation Service Company), 50 W. Broad St, Suite 1800, Columbus, OH 43215 USA           |  | Ohio, USA             
|Metal Management, Inc.                                                                    |  | 2092869           |  | c/o Corporation Service Company, 2711 Centerville Road, Suite 400, Wilmington, DE 19808 USA                                       |  | Delaware, USA         
|Proler Southwest Corporation (formerly known as Proler Southwest LP)                      |  | 801527602         |  | c/o CSC-Lawyers Incorporating Service Company (Corporation Service Company), 211 East 7th Street, Suite 620, Austin, TX 78701 USA |  | Texas, USA            
|Sims Recycling Solutions Holdings Inc. (formerly known as Sims Recycling Solutions, Inc.) |  | 58166146          |  | c/o Illinois Corporation Service Company, 801 Adlai Stevenson Drive, Springfield, IL 62703 USA                                    |  | Illinois, USA         
|Sims Recycling Solutions, Inc. (formerly known as United Refining & Smelting Co)          |  | 33803630          |  | c/o Illinois Corporation Service Company, 801 Adlai Stevenson Drive, Springfield, IL 62703 USA                                    |  | Illinois, USA         
|SMM Southeast LLC                                                                         |  | 5032857           |  | c/o Corporation Service Company, 2711 Centerville , Road, Suite
400, Wilmington, DE 19808 USA                                     |  | Delaware, USA         



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|                                                                                  |  |                            |  |                                                                                             |  |                       
|--------------------------------------------------------------------------------- |  | -------------------------- |  | ------------------------------------------------------------------------------------------- |  | ----------------------
|Company Name                                                                      |  | Registered Number          |  | Registered Office                                                                           |  | Place of
Incorporation
|Sims Metal Management USA GP                                                      |  | 4552382                    |  | c/o Corporation Service Company, 2711 Centerville Road, Suite 400, Wilmington, DE 19808 USA |  | Delaware, USA         
|Sims Group Recycling Solutions Canada Ltd.                                        |  | BC0782662                  |  | 1200-999 West Hastings Street, Vancouver, British Columbia V6C 2W2, Canada                  |  | Canada                
|HK Trade Borrower                                                                
|Sims Metal Management Asia Limited (formerly known as Sims Asia Holdings Limited) |  | 30512                      |  | Rm 5501-03, 55th Floor, Hopewell Centre, 183 Queens Road East, Wanchai, Hong Kong          |  | Hong Kong             
|German Borrowers                                                                 
|Sims Group German Holdings GmbH                                                   |  | HRB 5861, Amtsgericht Hamm |  | Rathenaustrasse 10, 59192 Bergkamen, Germany                                                |  | Germany               
|Sims M+R GmbH                                                                     |  | HRB 5094, Amtsgericht Hamm |  | Rathenaustrasse 10, 59192 Bergkamen, Germany                                                |  | Germany               



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Schedule 2

Guarantors







|                                                                                        |  |                    |  |                                                                                            |  |                       
|--------------------------------------------------------------------------------------- |  | ------------------ |  | ------------------------------------------------------------------------------------------ |  | ----------------------
|Company Name                                                                            |  | Registered Number  |  | Registered Office                                                                          |  | Place of
Incorporation
|Australia                                                                              
|Simsmetal Properties QLD Pty Limited (formerly known as Sims Energy Pty Limited)        |  | ABN 42 009 667 752 |  | Sir Joseph Banks
Corporate Park Suite 3 Level 2 32 Lord Street
Botany NSW 2019 Australia |  | QLD, Australia        
|Sims Group Australia Holdings Limited                                                   |  | ABN 37 008 634 526 |  | Sir Joseph Banks Corporate Park Suite 3 Level 2
32 Lord Street Botany NSW 2019
Australia |  | ACT, Australia        
|Sims Metal Management Limited                                                           |  | ABN 69 114 838 630 |  | Sir Joseph Banks Corporate Park Suite 3 Level 2
32 Lord Street Botany NSW 2019
Australia |  | VIC, Australia        
|Sims Industrial Pty Limited                                                             |  | ABN 95 000 090 479 |  | Sir Joseph Banks Corporate Park Suite 3 Level 2
32 Lord Street Botany NSW 2019
Australia |  | NSW, Australia        
|Simsmetal Properties NSW Pty Limited (formerly known as Sims Manufacturing Pty Limited) |  | ABN 13 004 332 870 |  | Sir Joseph Banks Corporate Park Suite 3 Level 2
32 Lord Street Botany NSW 2019
Australia |  | VIC, Australia        
|Simsmetal Holdings Pty. Ltd.                                                            |  | ABN 97 000 021 563 |  | Sir Joseph Banks Corporate Park Suite 3 Level 2
32 Lord Street Botany NSW 2019
Australia |  | NSW, Australia        
|Simsmetal Services Pty. Limited                                                         |  | ABN 76 000 166 987 |  | Sir Joseph Banks Corporate Park Suite 3 Level 2
32 Lord Street Botany NSW 2019
Australia |  | NSW, Australia        
|Sims Aluminium Pty Limited                                                              |  | ABN 93 004 370 905 |  | Sir Joseph Banks Corporate Park Suite 3 Level 2
32 Lord Street Botany NSW 2019 Australia |  | VIC, Australia        



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|                                |  |                            |  |                                                                                            |  |                       
|------------------------------- |  | -------------------------- |  | ------------------------------------------------------------------------------------------ |  | ----------------------
|Company Name                    |  | Registered Number          |  | Registered Office                                                                          |  | Place of
Incorporation
|Sims Group Holdings 1 Pty Ltd   |  | ABN 93 131 170 735         |  | Sir Joseph Banks Corporate Park Suite 3 Level 2
32 Lord Street Botany NSW 2019
Australia |  | VIC, Australia        
|Sims Group Holdings 2 Pty Ltd   |  | ABN 14 131 170 780         |  | Sir Joseph Banks Corporate Park Suite 3 Level 2
32 Lord Street Botany NSW 2019
Australia |  | VIC, Australia        
|United Kingdom                 
|Sims Group UK Holdings Limited  |  | 2904307                    |  | Long Marston
Stratford-on-Avon
Warwickshire CV37 8AQ United Kingdom                        |  | United Kingdom        
|Sims Group UK Limited           |  | 3242331                    |  | Long Marston
Stratford-on-Avon
Warwickshire CV37 8AQ United Kingdom                        |  | United Kingdom        
|Sims F E Mottram Limited        |  | 7732913                    |  | Oakes Green, Stevenson Road, Sheffield, South Yorkshire, S9 3WS
United Kingdom             |  | United Kingdom        
|The Netherlands                
|Mirec BV                        |  | 17073024                   |  | Hastelweg 251, 5652CV, Eindhoven, The Netherlands                                          |  | The Netherlands       
|New Zealand                    
|Simsmetal Industries Limited    |  | 3597                       |  | James Fletcher Drive Otahuhu, Auckland, New Zealand                                        |  | New Zealand           
|Sweden                         
|Sims Recycling Solutions AB     |  | 556606-4381                |  | Karosserigatan 6 641 51 Katrineholm Sweden                                                 |  | Sweden                
|Germany                        
|Sims Group German Holdings GmbH |  | HRB 5861, Amtsgericht Hamm |  | Rathenaustrasse 10, 59192 Bergkamen, Germany                                               |  | Germany               



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|                                                                                  |  |                            |  |                                                                                                |  |                       
|--------------------------------------------------------------------------------- |  | -------------------------- |  | ---------------------------------------------------------------------------------------------- |  | ----------------------
|Company Name                                                                      |  | Registered Number          |  | Registered Office                                                                              |  | Place of
Incorporation
|Sims M+R GmbH                                                                     |  | HRB 5094, Amtsgericht Hamm |  | Rathenaustrasse 10, 59192 Bergkamen, Germany                                                   |  | Germany               
|Belgium                                                                          
|Sims Recycling Solutions NV                                                       |  | 0566198430                 |  | Europark Noord 32, 9100 Sint-Niklaas, Belgium                                                  |  | Belgium               
|Hong Kong                                                                        
|Sims Metal Management Asia Limited (formerly known as Sims Asia Holdings Limited) |  | 30512                      |  | Rm 5501-03, 55th Floor, Hopewell Centre, 183 Queens Road East, Wanchai, Hong Kong             |  | Hong Kong             
|Sims Metal Management China Holdings Limited                                      |  | 1587052                    |  | Rm 5501-03, 55th Floor, Hopewell Centre, 183 Queens Road East, Wanchai, Hong Kong             |  | Hong Kong             
|Sims Metal Management Dragon Holdings Limited                                     |  | 1697245                    |  | Rm 5501-03, 55th Floor, Hopewell Centre, 183 Queens Road East, Wanchai, Hong Kong             |  | Hong Kong             
|Canada                                                                           
|Sims Group Recycling Solutions Canada Ltd.                                        |  | BC0782662                  |  | 1200-999 West Hastings Street, Vancouver, British Columbia V6C 2W2, Canada                     |  | Canada                
|Sims Group Canada Holdings Limited                                                |  | CO736336                   |  | Suite 2300, Bentall 5, 550 Burrard Street, Box 30, Vancouver, British Columbia V6C 2B5, Canada |  | Canada                
|United States of America                                                         
|Sims Group USA Corporation                                                        |  | 2142439                    |  | c/o Corporation Service Company, 2711 Centerville Road, Suite 400, Wilmington, DE 19808 USA    |  | Delaware, USA         
|CIM Trucking, Inc.                                                                |  | 58465763                   |  | c/o Illinois Corporation Service Company, 801 Adlai Stevenson Drive Springfield, IL 62703 USA  |  | Illinois, USA         
|Metal Dynamics Detroit LLC                                                        |  | 4333336                    |  | c/o Corporation Service Company, 2711 Centerville Road, Suite 400 Wilmington, DE 19808 USA     |  | Delaware, USA         



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|                                                                                   |  |                   |  |                                                                                                |  |                       
|---------------------------------------------------------------------------------- |  | ----------------- |  | ---------------------------------------------------------------------------------------------- |  | ----------------------
|Company Name                                                                       |  | Registered Number |  | Registered Office                                                                              |  | Place of
Incorporation
|SMM Gulf Coast LLC (formerly known as TH Properties LLC)                           |  | 4333340           |  | c/o Corporation Service Company, 2711 Centerville Road, Suite 400, Wilmington, DE 19808 USA    |  | Delaware, USA         
|SMM South Corporation (formerly known as Metal Management Alabama, Inc.)           |  | 2862098           |  | c/o Corporation Service Company, 2711 Centerville Road, Suite 400, Wilmington, DE 19808 USA    |  | Delaware, USA         
|Metal Management Arizona, L.L.C.                                                   |  | L-0770756-4       |  | c/o Corporation Service Company, 2338 W. Royal Palm Road, Suite J Phoenix, AZ 85016 USA        |  | Arizona, USA          
|SMM New England Corporation (formerly known as Metal Management Connecticut, Inc.) |  | 2891658           |  | c/o Corporation Service Company, 2711 Centerville Road, Suite 400, Wilmington, DE 19808 USA    |  | Delaware, USA         
|Metal Management Indiana, Inc.                                                     |  | 52338824          |  | c/o Prentice Hall Corporation, 801 Adlai Stevenson Drive, Springfield, IL 62703 USA            |  | Illinois, USA         
|Metal Management Memphis, L.L.C.                                                   |  | 290657            |  | c/o Corporation Service Company,
2908 Poston Avenue, Nashville, TN 37203 USA                   |  | Tennessee, USA        
|Metal Management Midwest, Inc.                                                     |  | 45013235          |  | c/o Illinois Corporation Service Company,
801 Adlai Stevenson Drive, Springfield, IL 62703 USA |  | Illinois, USA         
|Metal Management Northeast, Inc.                                                   |  | 6385301000        |  | c/o Corporation Service Company, 830 Bear Tavern Road, West Trenton, NJ 08628                  |  | New Jersey, USA       



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|                                                                     |  |                   |  |                                                                                                                                   |  |                       
|-------------------------------------------------------------------- |  | ----------------- |  | --------------------------------------------------------------------------------------------------------------------------------- |  | ----------------------
|Company Name                                                         |  | Registered Number |  | Registered Office                                                                                                                 |  | Place of
Incorporation
|Metal Management Ohio, Inc.                                          |  | 311795            |  | c/o CSC-Lawyers Incorporating Service (Corporation Service
Company), 50 W. Broad St, Suite 1800, Columbus, OH 43215
USA           |  | Ohio, USA             
|Metal Management Pittsburgh, Inc.                                    |  | 2916254           |  | c/o Corporation Service Company,
2711 Centerville Road, Suite 400, Wilmington, DE 19808
USA                                       |  | Delaware, USA         
|SMM  North America Trade Corporation                                |  | 2183485           |  | c/o Corporation Service Company,
2711 Centerville Road, Suite 400, Wilmington, DE 19808
USA                                       |  | Delaware, USA         
|Metal Management, Inc.                                               |  | 2092869           |  | c/o Corporation Service Company,
2711 Centerville Road, Suite 400, Wilmington, DE 19808
USA                                       |  | Delaware, USA         
|Naporano Iron & Metal, Inc.                                          |  | 3112018           |  | c/o Corporation Service Company,
2711 Centerville Road, Suite 400, Wilmington, DE 19808
USA                                       |  | Delaware, USA         
|New York Recycling Ventures, Inc.                                    |  | 4261166           |  | c/o Corporation Service Company,
2711 Centerville Road, Suite 400, Wilmington, DE 19808
USA                                       |  | Delaware, USA         
|Proler Southwest Corporation (formerly known as Proler Southwest LP) |  | 801527602         |  | c/o CSC-Lawyers Incorporating Service Company (Corporation Service Company), 211 East 7th Street, Suite 620, Austin, TX 78701 USA |  | Texas, USA            
|Reserve Iron & Metal Limited Partnership                             |  | 2242022           |  | c/o Corporation Service Company,
2711 Centerville Road, Suite 400, Wilmington, DE 19808
USA                                       |  | Delaware, USA         
|Schiabo Larovo Corporation                                           |  | 4301722           |  | c/o Corporation Service Company,
2711 Centerville Road, Suite 400, Wilmington, DE 19808
USA                                       |  | Delaware, USA         



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|                                                                                          |  |                   |  |                                                                                                |  |                       
|----------------------------------------------------------------------------------------- |  | ----------------- |  | ---------------------------------------------------------------------------------------------- |  | ----------------------
|Company Name                                                                              |  | Registered Number |  | Registered Office                                                                              |  | Place of
Incorporation
|Sims Group Global Trade Corporation                                                       |  | 4301720           |  | c/o Corporation Service Company,
2711 Centerville Road, Suite 400, Wilmington, DE 19808
USA    |  | Delaware, USA         
|Sims Group USA Holdings Corporation                                                       |  | 4041048           |  | c/o Corporation Service Company,
2711 Centerville Road, Suite 400, Wilmington, DE 19808
USA    |  | Delaware, USA         
|Sims Municipal Recycling of New York LLC                                                  |  | 4468240           |  | c/o Corporation Service Company,
2711 Centerville Road, Suite 400, Wilmington, DE 19808
USA    |  | Delaware, USA         
|Sims Recycling Solutions Holdings Inc. (formerly known as Sims Recycling Solutions, Inc.) |  | 58166146          |  | c/o Illinois Corporation Service Company,
801 Adlai Stevenson Drive, Springfield, IL 62703 USA |  | Illinois, USA         
|Simsmetal East LLC                                                                        |  | 4304667           |  | c/o Corporation Service Company,
2711 Centerville Road, Suite 400, Wilmington, DE 19808
USA    |  | Delaware, USA         
|Simsmetal West LLC                                                                        |  | 4304664           |  | c/o Corporation Service Company,
2711 Centerville Road, Suite 400, Wilmington, DE 19808
USA    |  | Delaware, USA         
|Sims Recycling Solutions, Inc. (formerly known as United Refining & Smelting Co)          |  | 33803630          |  | c/o Illinois Corporation Service Company,
801 Adlai Stevenson Drive, Springfield, IL 62703 USA |  | Illinois, USA         
|Port Albany Ventures LLC                                                                  |  | 3875096           |  | c/o Corporation Service Company,
2711 Centerville Road, Suite 400, Wilmington, DE 19808
USA    |  | Delaware, USA         



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|                                 |  |                   |  |                                                                                             |  |                       
|-------------------------------- |  | ----------------- |  | ------------------------------------------------------------------------------------------- |  | ----------------------
|Company Name                     |  | Registered Number |  | Registered Office                                                                           |  | Place of
Incorporation
|Metal Management Aerospace, Inc. |  | 2814185           |  | c/o Corporation Service Company,
2711 Centerville Road, Suite 400, Wilmington, DE 19808
USA |  | Delaware, USA         
|Sims Metal Management USA GP     |  | 4552382           |  | c/o Corporation Service Company,
2711 Centerville Road, Suite 400, Wilmington, DE 19808
USA |  | Delaware, USA         
|SMM Southeast LLC                |  | 5032857           |  | c/o Corporation Service Company,
2711 Centerville Road, Suite 400, Wilmington, DE 19808
USA |  | Delaware, USA         



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Executed as a deed.



|            |  |                                                                                                                                                                                                                                                                  
|----------- |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|            |  | Sims                                                                                                                                                                                                                                                             
|            | 
|            |  | Executed by Sims Metal Management Limited
for itself and as attorney for each
other Transaction Party pursuant to clause 15.2 of
the Common Terms Deed
in accordance with section 127(1) of the Corporations Act
2001 (Cth) by a director and secretary/director:
|            | 
|sign here u |  | /s/ Frank Moratti                                                                                                                                                                                                                                                
|            |  | Company Secretary/Director                                                                                                                                                                                                                                       
|            | 
|print name  |  | Frank Moratti                                                                                                                                                                                                                                                    
|            | 
|sign here u |  | /s/Daniel W. Dienst                                                                                                                                                                                                                                              
|            |  | Director                                                                                                                                                                                                                                                         
|            | 
|print name  |  | Daniel W. Dienst                                                                                                                                                                                                                                                 







15

[*] Confidential Treatment Requested



---

|            |  |                                                                            
|----------- |  | ---------------------------------------------------------------------------
|            |  | Lender                                                                     
|            | 
|            |  | Signed sealed and delivered for HSBC Bank Australia
Limited by its attorney
|            | 
|sign here u |  | /s/ Robert Agati                                                           
|            |  | Attorney                                                                   
|            | 
|print name  |  | Robert Agati                                                               
|            | 
|            |  | in the presence of                                                         
|            | 
|sign here u |  | /s/Sangeeta Lopes                                                          
|            |  | Witness                                                                    
|            | 
|print name  |  | Sangeeta Lopes                                                             







16

[*] Confidential Treatment Requested



---

|            |  |                                                              
|----------- |  | -------------------------------------------------------------
|            |  | Lender                                                       
|            | 
|            |  | Signed sealed and delivered for HSBC Bank plc
by its attorney
|            | 
|sign here u |  | /s/ Martin Briddon                                           
|            |  | Attorney                                                     
|            | 
|print name  |  | Martin Briddon                                               
|            | 
|            |  | in the presence of                                           
|            | 
|sign here u |  | /s/ Adam Spicer                                              
|            |  | Witness                                                      
|            | 
|print name  |  | Adam Spicer                                                  







17

[*] Confidential Treatment Requested



---

|            |  |                                                                                                
|----------- |  | -----------------------------------------------------------------------------------------------
|            |  | Lender                                                                                         
|            | 
|            |  | Signed sealed and delivered for
HSBC Bank USA, National Association by its authorised
signatory
|            | 
|sign here u |  | /s/ Randolph Cates                                                                             
|            |  | Authorised signatory                                                                           
|            | 
|print name  |  | Randolph Cates                                                                                 
|            | 
|            |  | in the presence of                                                                             
|            | 
|sign here u |  | /s/ Charlotte Scythes                                                                          
|            |  | Witness                                                                                        
|            | 
|print name  |  | Charlotte Scythes                                                                              







18

[*] Confidential Treatment Requested



---

|            |  |                                                                                                       |  | 
|----------- |  | ----------------------------------------------------------------------------------------------------- |  | 
|            |  | Lender                                                                                                |  | 
|            | 
|            |  | Signed sealed and delivered for
The Hongkong and Shanghai Banking Corporation Limited
by its attorney
|            |  |                                                                                                      
|sign here u |  | /s/ Aby Wat Nga Yi                                                                                    |  | 
|            |  | Attorney                                                                                              |  | 
|            |  |                                                                                                      
|print name  |  | Aby Wat Nga Yi                                                                                        |  | 
|            |  |                                                                                                      
|            |  | in the presence of                                                                                    |  | 
|            |  |                                                                                                      
|sign here u |  | /s/Lee Sai Chau                                                                                       |  | 
|            |  | Witness                                                                                               |  | 
|            |  |                                                                                                      
|print name  |  | Lee Sai Chau                                                                                          |  | 







19

[*] Confidential Treatment Requested