Metal Industries, Limited was a conglomerate of mostly British engineering companies.
[2] In 1953 its activities were described as "electrical and mechanical engineering manufacture and metal trading"[3] In 1967, Aberdare Holdings of South Wales acquired a controlling interest in the group,[4] but was quickly thwarted when M.I.
[5] The City Panel on Takeovers and Mergers referred to "abuses and inequities" that occurred during this chaotic takeover, among others at the time, but declined to recommend tougher regulations.
[6] A good history of the company's shipbreaking activities was published by the World Ship Society in 1992 in Ian Buxton's "Metal Industries: Shipbreaking at Rosyth and Charlestown".
[8] In 1976, Thorn sold its interest in the group to the government-owned British Steel Corporation.