BRIEF-Baoshan Iron & Steel's e-commerce unit in talks with Shanghai Ganglian to set up JV

March 24 Sun Mar 23, 2014 11:41pm EDT

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March 24 (Reuters) - Baoshan Iron & Steel Co Ltd

* Says e-commerce unit in talks with Shanghai Ganglian E-Commerce Holdings Co. Ltd to set up a joint venture with registered capital of up to 100 million yuan ($16.06 million)

Source text in Chinese: link.reuters.com/hyb87v

Further company coverage: ($1 = 6.2250 Chinese Yuan) (Reporting by Hong Kong and Singapore newsrooms)

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