SEOUL, July 24 South Korea's POSCO
aims to raise about 2 trillion won ($1.95 billion) by the end of
2015 through restructuring efforts, the steelmaker said after
reporting quarterly earnings on Thursday.
POSCO earlier promised sweeping restructuring, including
selling non-core assets, after investment and acquisitions over
the past four years more than doubled its debt.
POSCO also said it is helping peer ArcelorMittal SA
find Korean buyers for a 10 percent stake a Canadian
iron ore operation.
(Reporting by Hyunjoo Jin; Editing by Christopher Cushing)