Create a new layer and draw a circle with the elliptical marquee tool. Fill the circle with a light grey.
Step 2
Bevel and Emboss with the following settings:
Step 3
Select the circle layer. Merge all layers together with ctrl-shift-e. Press ctrl-a then ctrl-c then ctrl-alt-z 2 times to get back to where you were. Press ctrl-v. This should create a new layer on top of your old ones that looks exactly like the other layers combined.
Step 4
On the new layer, go to filter>artistic>plastic wrap and use strength: 14, detail: 7, smoothness:9
Step 5
Now go to filter>sketch>chrome and use detail: 4, smoothness: 7.