"The Unforgiven III" appears on the album "Death Magnetic", released in 2008. "The Unforgiven III" is structured similarly to "The Unforgiven", containing a heavy verse and a soft chorus, "The Unforgiven II" had the opposite by having a soft verse and a heavy chorus. The chorus of "The Unforgiven III" is missing the "What I've felt, what I've known" phrase that was included in its predecessors' choruses. "The Unforgiven III" is also missing the opening horn note, instead beginning with an acoustic piano with a horn section in the background. The chords progression during the piano intro is the same as the choruses of the previous songs. Unlike its predecessors, "The Unforgiven III" features as the seventh track on "Death Magnetic", due to the band wanting "The Day That Never Comes" to be the fourth track after they returned to writing ballads. However, due to the song being the counterpart of "The Day That Never Comes", it is the fourth song from closing the album. This is the first "Unforgiven" not to be released as a single or to have a music video.