Mittal Sponsors Steel Tower for London Olympics

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May 14 (Bloomberg) -- Lakshmi Mittal, chief executive officer of the world's biggest steelmaker ArcelorMittal, discusses the ArcelorMittal Orbit, a spiraling 114.5-meter (376 foot) lattice of dark-red tubular steel soaring above the London 2012 Olympic Park. The Orbit has cost 22.7 million pounds ($36.5 million), of which ArcelorMittal is contributing as much as 19.6 million pounds. Mayor of London Boris Johnson and sculptor Anish Kapoor also comment in this report. They spoke May 11 in London with Bloomberg's Farah Nayeri. (Source: Bloomberg)

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