A brand new tourist attraction called Arcelor Mittal ORBIT has come up in London to commemorate the 2012 London Olympics which is going to be held in July. The 115m tall piece is placed in the Olympic Park and is 22m higher than New York's Statue of Liberty.

The £19.1m design incorporates the five Olympic rings and offers the visitors panoramic views of London. The structure consists of a continuous looping lattice constructed using 2,000 tonnes of steel. Situated between the Olympic Stadium and the Aquatics Centre, the ArcelorMittal Orbit will become an iconic new visitor attraction with views of up to 20 miles, encompassing the entire Olympic Park and London’s skyline. Visitors will be able to take a trip up the structure in a lift and down too if they will, although they will be encouraged to walk down the spiral staircase, which is composed of 455 steps

Steel company ArcelorMittal - owned by steel magnate Lakshmi Mittal of India origin - has funded up to £16m of the project with £3.1m provided by the London Development Agency.