UPDATE 1-Hebei to close last ‘zombie’ steel mills in next two years – governor

China’s biggest steelmaking province, Hebei, will close its eight remaining “zombie” steel mills in the next two years, Governor Zhang Qingwei said on Tuesday at a briefing on the sidelines of the country’s annual parliament meeting. The province in the north of the country near the capital Beijing is home to 104 mills that account for nearly a quarter of China’s total steel output and is home to some of its smoggiest cities.

Yingli Green Energy Holding Company Limited (YGE) Stock Rating Upgraded by Zacks Investment Research

According to Zacks, “Yingli Green Energy Holding Company Limited is a leading vertically integrated manufacturer of photovoltaic products in China. Yingli was incorporated in the Cayman Islands in August and operates through its principal operating subsidiary, Baoding Tianwei Yingli New Energy Resources Co., Ltd. or Tianwei Yingli, based in Baoding, Hebei Province, eighty five kilometers south of Beijing.