Senators call on Obama administration to address steel industry issues

A majority of the Senate Finance Committee on Monday called on the Obama administration to address excess steel imports coming into the United States and the violation of trade rules.

Led by Chairman Orrin HatchOrrin Grant HatchGrand Staircase-Escalante: A conservation triumph is headed for future as playground for industry McConnell tamps down any talk of Kavanaugh withdrawal GOP offers to ban cameras from testimony of Kavanaugh accuser MORE (R-Utah) and ranking member Ron WydenRonald (Ron) Lee WydenWyden says foreign hackers targeted personal accounts of senators, staffers Some employees' personal data revealed in State Department email breach: report Hillicon Valley: North Korean IT firm hit with sanctions | Zuckerberg says Facebook better prepared for midterms | Big win for privacy advocates in Europe | Bezos launches B fund to help children, homeless MORE (D-Ore.), the panel sent a letter to U.S. Trade Representative Michael FromanMichael B.G. FromanUS trade rep spent nearly M to furnish offices: report Overnight Finance: Trump hits China on currency manipulation, countering Treasury | Trump taps two for Fed board | Tax deadline revives fight over GOP overhaul | Justices set to hear online sales tax case Froman joins Mastercard to oversee global business expansion MORE and Commerce Secretary Penny PritzkerPenny Sue PritzkerElection Countdown: Trump plans ambitious travel schedule for midterms | Republicans blast strategy for keeping House | Poll shows Menendez race tightening | Cook Report shifts Duncan Hunter's seat after indictment Former Obama officials launch advocacy group aimed at Trump's foreign policy Trump transportation chief to join Biden for jobs event MORE urging them to address global over-capacities in steel, aluminum and other commodities to ensure that U.S. trading partners are abiding by global rules, including the recently customs law passed earlier this year. 

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The senators wrote that overcapacities "are significantly impacting global production, consumption and trade flows of those products." 

"Much of this global over-capacity stems from foreign government subsidies and other market-distorting policies that are creating challenges for companies and workers across the United States and abroad," they said. 

The letter comes ahead of a Tuesday hearing with Froman and Pritzker and Ohio Sens. Rob PortmanRobert (Rob) Jones PortmanGraham calls handling of Kavanaugh allegations 'a drive-by shooting' Overnight Health Care: Senators target surprise medical bills | Group looks to allow Medicaid funds for substance abuse programs | FDA launches anti-vaping campaign for teens Bipartisan group wants to lift Medicaid restriction on substance abuse treatment MORE (R) and Sherrod BrownSherrod Campbell BrownElection Countdown: Trump confident about midterms in Hill.TV interview | Kavanaugh controversy tests candidates | Sanders, Warren ponder if both can run | Super PACs spending big | Two states open general election voting Friday | Latest Senate polls Overnight Health Care: Senators target surprise medical bills | Group looks to allow Medicaid funds for substance abuse programs | FDA launches anti-vaping campaign for teens Bipartisan group wants to lift Medicaid restriction on substance abuse treatment MORE (D) who are slated to testify over two days before at the International Trade Commission on the status of the global steel industry and the effect on the U.S. industry.

The Organization for Economic Cooperation and Development (OECD) has reported that global crude steelmaking capacity more than doubled between 2000 and 2014, with growth led by China.  

Meanwhile, global demand for steel, including U.S. and Chinese demand, has decreased.  

As a result, significant increases in exports of Chinese steel have entered global markets, including the United States, hitting the U.S. industry.

Joining Hatch and Wyden in signing the letter are: Sens. 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