Page 14 - TYCONS - ANNUAL REPORT 2022

Tycoons Worldwide Group (Thailand) Plc.

5 million tons in the first quarter of 2019, The excess capacity from these two countries
was dumped to Thailand in 2019, causing Thai steel prices to fall. The company has
join with others steel making factory and submitted anti-dumping investigations in
these two countries to the Thai government in order to curb improper low-price
dumping.

(3) Procurement of production/purchase

1. Production capacity
At present, the Company has 17 factories. Located at 99 Moo 1, Nikhom Phatthana,
Nikhom Phatthana District, Rayong Province, the Company has been operating machinery
for production since 2000. The company could achieve maximum production capacity of
500,000 tons/year if it were to produce only a single type of wire rod (that used for bar in
coils), since it is less time consuming to make than other types of wire rods. Actual capacity
will be lower, at approximately 360,000 tons/year, if the company produces a combination
of mixed product range with different grades. And the company also could achieve
maximum production capacity of 144,000 tons/year if it were to produce only a single

process of annealed wire. Actual capacity will be lower, at approximately 108,000
tons/years, if it were produce over a single process of annealed wire. The production is
carried out according to Thai standards, international standards and according to the needs
of customers.

Production capacity, quantity and utilization rate in the year 2020-2022

2022 2021 2020
Full production capacity (Unit:
Ton/year)
- Wire rod 360,000 360,000 360,000
- Annealed wire 108,000 108,000 108,000
- Screw 18,000 18,000 18,000
- Bolt 60,000 60,000 36,000
Real Production (Unit: Ton/year)
- Wire rod 316,067.62 320,675.38 253,800.69
- Annealed wire 83,281.17 105,334.34 68,256.64
- Screw 5,348.04 6,612.71 5,654.37
- Bolt 35,036.03 32,312.05 26,848.85
% Utilization rate
- Wire rod 87.80 89.08 70.50
- Annealed wire 77.11 97.53 63.20
- Screw 29.71 36.74 31.41
- Bolt 58.39 53.85 74.58

2. Production process

Wire rods

1) Billet inspection & conditioning line:

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