J Steel extends share collateral term to Jan. 7, 2027, cuts debt total to 1.26 bln won

J Steel corrected its disclosure on a major shareholder share-pledge that could trigger a change in control. Total debt tied to the pledge was revised to KRW 1.26 billion from KRW 1.32 billion. Aggregate collateral amount was cut to KRW 1.638 billion from KRW 1.716 billion. The pledge maturity for both contracts was extended to Jan. 7, 2027 from Oct. 7, 2026.