Sumitomo Corp Expects World Aluminum Supply to be 61,000 Tons Short in 2014

Sumitomo corporation Light Metals & Products Business Dept. bare metal team expects the world aluminum supply will be 61,000 tons short in 2014. Demand keeps the expectation as of January 2014 that is up by 6.1% to 50.764 million tons, but supply is cut the anticipation by 0.8%, down by 4.7% to 50.704 million tons due to output reduction by producer.