Worldal reported that Noranda Aluminum Holding Corporation posted strong quarterly revenue and said it expects emerging markets to drive demand for the metal.

Mr Layle Kip CEO of Noranda said that "We remain bullish about aluminum over the medium- and long term. We believe global demand will continue to increase. The increase in need for aluminum will also be driven by substitution for other metals such as copper.”

The company which makes primary aluminum products and rolled coils reported 31% rise in revenue to USD 394.6 million on high prices and increased volumes across segments. January to March net income was USD 38.3 million or 56 cents a share compared with net loss of USD 0.1 million a year ago.

(Sourced from www.worldal.com)