One WTC files suit over withheld steel

Oct 16, 2012 | 04:46 PM | Samuel Frizell

Tags  One World Trade Center, WTC Tower 1, ADF Steel, ADF Group, Jean Paschini, Samuel Frizell

NEW YORK — ADF Steel Corp. is being sued for allegedly failing to deliver steel pieces needed to complete the antenna of One World Trade Center.

The building’s leaseholder, WTC Tower 1 LLC, claims that ADF is withholding the remaining steel for the tower’s antenna even though the rest of the building is structurally complete. According to the lawsuit, ADF is refusing to ship the antenna’s steel unless it receives $6 million owed under another contract.....





Latest Pricing Trends

Poll

What is causing the most weakness to the U.S. metals industry?

Imports
Stagnant non-residential construction demand
Sequestration and government cuts
Global uncertainty, particularly in Europe
Too many suppliers chasing too few orders


View previous results

AMM Events