Chairman and CEO Philip Hoffman Esq. started in the metal recycling business as a laborer for his family business in Northeastern Ohio. Commencing operations in 1898, the company was one of the oldest and largest ferrous processors and shippers in the United States with an annual production of over 1.5 million tons of ferrous scrap.
With a Bachelor of Science degree in International Business from San Diego State University, Mr. Hoffman became the Senior Scrap buyer in both the Los Angeles and New York Regions for Hugo Neu Corporation. After 8 years of purchasing, Mr. Hoffman became the Chartering manager and Senior Sales Trader working directly with both Chairman John Neu and the Senior Vice President.
From Hugo Neu, Mr. Hoffman joined CFF Recycling, Europe’s largest ferrous processor, as Senior Trader and Director of Strategic Development for the Houston based North American branch.
Hoffman Iron and Steel, LLC now allows Hoffman to fully exercise his unique knowledge of and relationships with dealers in the Midwest US, New York, Houston and Los Angeles to source numerous types of specialty steels, production scrap and all grades of ISRI specification ferrous material.
Post-graduate continuing education in hazardous waste management and environmental law from UCLA allows Mr. Hoffman to pre-qualify shippers to ensure that they meet State, Federal and International environmental standards of scrap processing and shipping.
Additional training in letters of credit and shipping documentation at the World Trade Institute in New York means well-documented and proper transfer of ownership along with timely and consistent financial transactions.
An admitted Australian Solicitor, Hoffman received a Juris Doctor law degree from the University of Queensland Australia maritime law program. He went on to write maritime legislation for the State Government of Queensland, Australia.
In 2008 Hoffman conducted a feasibility study to site a major steel mill which is currently being built in Corpus Christi. In 2012 Hoffman formed and opened the US office of a major a Turkish steel mill. The venture was the first of its type and provided high yield scrap priced at a discount to the international market. The office also built on Hoffman’s idea of forming direct steel mill to service center relationships. In July 2014 when the Turkish client lost Hoffman’s direction and expertise within 6 months the previously profitable scrap division became unprofitable and subsequently the client lost their port lease which resulted in the closure of the scrap operation.
After the Turkish venture Hoffman went onto form partnerships with several steel mills and has built on those with steel service centers. As a result the company now offers transparent back to back transactions of rebar and HRC to steel service centers throughout the US.
Hoffman is a current member of the raw material committee of the International Rebar Exporters and Producers Association (IREPAS) and has served as a board member of both the Gulf Coast and Southwest chapters of ISRI and is an Associate Member of the American Iron and Steel Institute.