Significant Increase in E-waste Volumes Seen at Sims Recycling Solutions' January First Friday of the Month Recycling Event

ROSEVILLE, CA, January 26, 2011 (Press-News.org) Sims Recycling Solutions, the world's largest electronics recycler nearly tripled their December volumes during the January 2011 first Friday of the month electronics recycling event at their facility in Roseville, CA. At the first drop off event of 2011 Sims Recycling Solutions welcomed over 80 cars and collected close to 10,000 lbs of electronics for recycling.

"It is typical for e-waste volumes to increase after the holiday season when consumers are replacing their electronics either through gifts they've received or purchases they have made themselves", states Steve Skurnac, President of Sims Recycling Solutions, US. "Consumers are becoming more aware of the importance of recycling their electronics safely and of the environmentally responsible options that are available to them. This event provides the community with a free, convenient, drive through service at our secure recycling facility on the first Friday of every month."

The next first Friday of the month event falls on February 4th, 2011 from 3:00pm-7:00pm at the Sims Recycling Solutions facility on 8855 Washington Blvd., Roseville, CA 95678. The e-waste collection event is always arranged as a drive through and drop off event. Staff will be on site to collect the items from your car quickly and conveniently.

Sims Recycling Solutions can accept the following: televisions (TVs), monitors, whole and complete computers, laptops cell phones, telephones, printers, speakers, keyboards, mice, PDAs, radios, stereos, MP3s, DVDs, CD Players, and VCRs (etc). Sims Recycling Solutions cannot accept household appliances, smoke detectors, microwaves, batteries, ink/toner cartridges, and cans/bottles.

To view all upcoming first Friday events and sign up for our events newsletter, please visit our web page at http://www.us.simsrecycling.com/first-friday.

Sims Recycling Solutions

Sims Recycling Solutions (www.us.simsrecycling.com) is the world's largest electrical and electronics recovery and recycling company with 39 sites across the globe.

Sims Recycling Solutions recycles all types of electronic equipment and enables businesses to meet both their social and legal obligations in the treatment of surplus electronics. The company's asset management and recovery service enables businesses and public sector organizations to sustain the value of IT and electronic equipment, in a legally compliant, data secure, fully traceable and environmentally sustainable manner.

In North America, Sims Recycling Solutions operates 13 sites in Arizona, California, Florida, Illinois, Nevada, New Jersey, Ontario, South Carolina and Tennessee.

Cautionary Statements Regarding Forward-Looking Information

This release may contain forward-looking statements, including statements about Sims Metal Management's financial condition, results of operations, earnings outlook and prospects. Forward-looking statements are typically identified by words such as "plan," "believe," "expect," "anticipate," "intend," "outlook," "estimate," "forecast," "project" and other similar words and expressions.

These forward-looking statements involve certain risks and uncertainties. Our ability to predict results or the actual effects of our plans and strategies is subject to inherent uncertainty. Factors that may cause actual results or earnings to differ materially from these forward-looking statements include those discussed and identified in filings we make with the Australian Securities Exchange and the United States Securities and Exchange Commission ("SEC"), including the risk factors described in the Company's Annual Report on Form 20-F, which we filed with the SEC on 12 November 2009.

Because these forward-looking statements are subject to assumptions and uncertainties, actual results may differ materially from those expressed or implied by these forward-looking statements. You are cautioned not to place undue reliance on these statements, which speak only as of the date of this release.

All subsequent written and oral forward-looking statements concerning the matters addressed in this release and attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this release. Except to the extent required by applicable law or regulation, we undertake no obligation to update these forward-looking statements to reflect events or circumstances after the date of this release.

All references to currencies, unless otherwise stated, reflect measures in Australian dollars.

Sims Recycling Solutions

Sims Recycling Solutions (www.us.simsrecycling.com) is the world's largest electrical and electronics recovery and recycling company with 39 sites across the globe.

Sims Recycling Solutions recycles all types of electronic equipment and enables businesses to meet both their social and legal obligations in the treatment of surplus electronics. The company's asset management and recovery service enables businesses and public sector organizations to sustain the value of IT and electronic equipment, in a legally compliant, data secure, fully traceable and environmentally sustainable manner.

In North America, Sims Recycling Solutions operates 13 sites in Arizona, California, Florida, Illinois, Nevada, New Jersey, Ontario, South Carolina and Tennessee.