Sculpture, Leicester

I spotted this modern work of art whilst on a guided tour of Leicester City centre today.
The city council's website describes it as follows:

'The design consists of a large 4.7 metre high stainless and corten steel sculpture; which evokes the textile dye works that occupied this site for many years'.

It's a shame that it is hidden behind temporary hoardings as it is difficult to get close to and most people won't see it.