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Two inch THICK steel plating? Around the entire basement including floor and ceiling? Tell me I misunderstood what you wrote.
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I saw that too ... beyond the expense, the weight ... Oh my!
1" thick steel weighs ~40# a square foot.
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In a run of the mill 12x12 room that equates to approximately 11,800 lbs of steel hanging from the ceiling, close to 35 TONS of steel to do that plus 4 walls and the floor. If I read the original post correctly it was the entire basement, not just a room. Could be wrong there but even if....35 TONS. Hmmm.