- CEO
- Laphassarin Kraiwongwanitrung
- Full Time Employees
- 120
- Sector
- Basic Materials
- Industry
- Steel
- Address
- No. 5, I-Ha Road Rayong Thailand 21150
- IPO Date
- Sep 18, 2014
- Business
- Rayong Wire Industries Public Company Limited manufactures and distributes prestressed concrete wires, prestressed concrete strand wires, hard drawn wires, ordinary low carbon steel wires, wire mesh, cold drawn steel wires, and welding wires primarily in Thailand. Prestressed concrete wire (PC-wire) in diameters of 4, 5, 7, and 9 millimeters supports loads in construction applications including piles, electricity poles, finished floor slabs, and concrete railroad ties; prestressed concrete strand (PC-strand) wires in diameters of 9.3, 9.5, 12.4, 12.7, and 15.2 millimeters serve large-scale projects such as bridge beams, elevated roads, large piles, and silos; hard drawn wires (HDW) in diameters of 2.0 to 7.0 millimeters supply the mattress, auto parts, wire mesh, and spring industries; ordinary low carbon steel wires in diameters of 2.8 to 7.0 millimeters support piling, electricity posts, and drains; wire mesh in diameters of 2.8 to 7.0 millimeters reinforces roads, buildings, and finished walls; and cold drawn steel wires bolster piling and drainage infrastructure. The company, founded in 1994 and headquartered at Map Ta Phut Industrial Estate No. 5, I-5 Road, Rayong, Thailand, operates with a production capacity of 72,000 tons per year and serves domestic construction and industrial markets as a subsidiary of Capital Engineering Network Public Company Limited, which holds a 52.30% stake. In recent developments, Rayong Wire Industries maintains its strategic goal to rank among Thailand's top three producers and distributors of high-tensile steel wire products by 2025, sustains investments in operational excellence and corporate governance amid 2024 financial reporting that included related party transactions and directors' remuneration adjustments, and recorded a Q1 2025 impairment reversal of 2.20 million baht following a higher reversal in the prior year period.