POSCO, South Korea's top steelmaker, has trimmed its facility investment for the year by more than 10 percent from its initial plan in order to improve its financial footing, industry sources said Sunday. According to the sources, the steelmaker has lowered its capital spending for this year to 5.7 trillion won (US$5.56 billion) from the original 6.5 trillion won. The figure includes investments by its affiliates. POSCO alone plans to spend some 3 trillion won this year, also lower than its earlier estimate of 3.7 trillion won.