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Lakeside Steel Inc.

12:18 PM EST - Lakeside Steel Inc. : announced the temporary layoff of 40 hourly employees at Lakeside Steel Corporation its wholly owned subsidiary. Lakeside announced the temporary layoff of 40 hourly employees, representing approximately 11% of its unionized workforce, at the Company's manufacturing facility in Welland, Ontario. Lakeside Steel Inc. shares V.LS are trading down 3 cents at $0.13.