British Iron & Steel Corporation

The British Iron & Steel Corporation (Salvage) Ltd commonly referred to as BISCO was an organisation created during World War II to recycle scrap steel. This included making the arrangements for the scrapping of surplus Royal Navy ships. The Admiralty would notify BISCO that a ship was available for scrapping who would then allocate it to a suitable yard for breaking up. The yards were paid their dismantling costs plus an amount per ton of steel recovered. This continued until 1962 after which yards were free to make their own contracts directly.[1]

References

  1. Johnston, Ian; Buxton, Ian. The Battleship Builders: Constructing and Arming British Capital Ships. Seaforth Publishing. p. 308. ISBN 1-84832-093-0.
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