Exhibit 4.11

June 23, 2011

To:	Sims Metal Management Limited (Sims)
	Level 12, Suite 1202
	65 Berry Street
	North Sydney NSW 2060
Attention:	Mr Daniel Dienst
	Group Chief Executive

Dear Sirs

Application of clause 7.17 of the Common Terms Deed 2011

We refer to the Common Terms Deed dated on or about the date of this letter (Common Terms Deed) between 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 persons listed in Part 3 of Schedule 1 of that deed as Original Lenders, including Bank of America, N.A. (the Lender).

Capitalised terms in this certificate have the meaning given in the Common Terms Deed unless otherwise defined herein.

Pursuant to clause 7.17(c) of the Common Terms Deed, the Lender and Sims agree that clause 7.17 of the Common Terms Deed is to apply in respect of the Lender and all Guarantors.

This letter is a Transaction Document in respect of the Lender for the purposes of the Common Terms Deed.

BANK OF AMERICA, N.A.
By:	/s/ Timothy G. Holsapple
Name: Timothy G. Holsapple
Title: Senior Vice President

Agreed and acknowledged by Sims:

	Sims
	Signed for
	Sims Metal Management Limited
	ACN 114 838 630
sign here ►	/s/ Daniel W. Dienst
	Director
print name	Daniel W. Dienst
sign here ►	/s/ Frank Moratti
	Director/Company Secretary
print name	Frank Moratti