We present a family of solutions of the Einstein-Maxwell equations obt
ained as a two-soliton transformation of a Minkowskian seed, using Ale
kseev's inverse scattering method (AISM). For general values of the ar
bitrary parameters that arise from the AISM, the metrics are of Petrov
type I, and represent cylindrically symmetric perturbations of a coni
cal spacetime ('thin cosmic string'), that preserve the asymptotic fla
tness of the background, up to an additional deficit angle. The metric
s can be made regular on the symmetry axis by an adequate choice of pa
rameters. In the limit in which the C-energy goes to infinity, the met
ric is singular, but can be 'renormalized', obtaining either (i) a fam
ily of metrics where the symmetry axis contains a curvature singularit
y, or (ii) a family of cylindrically symmetric metrics with a regular
axis, that can be interpreted as simple solitonic perturbations of an
unstable Melvin universe. These contain a subfamily of diagonal metric
s. We include a comparison with other metrics, obtained as limiting ca
ses and, in the case of vacuum solutions, we show, by an explicit calc
ulation, that the results obtained are equivalent to the Belinski-Zakh
arov transformation for two pairs of complex-conjugate soliton poles f
or the same seed.