Twinning-induced plasticity (TWIP) steels have attracted great attention due to their excellent mechanical properties of high tensile strength (over 800MPa) and high ductility (over 50%), which result from the high strain hardening due to the mechanical twin formation during plastic deformation. The purpose of this study is to investigate the effect of annealing temperature and alloying elements on the mechanical properties of Fe-18Mn-0.6C TWIP steel. In 1.5%Al TWIP steel with 0.123%Ti content, the average recrystallized grain size was reduced to 2.5 ${mu}m$ by cold rolling and annealing at $800^{circ}C$ for 5 min, because of the pinning effect of the fine TiC carbides on grain coarsening. The tensile strength was decreased and the ductility was improved with the increase of the annealing temperature. However, a reversion of hardness and yield strength happened between $750^{circ}C$ and $800^{circ}C$ due to TiC and $M_3C$ type precipitation. 0.56% Ni added TWIP steel exhibited relatively lower yield strength, because Ni precipitates were not formed during the annealing process. When this specimen was annealed at $800^{circ}C$ for 5min, the tensile strength and elongation were revealed at 1096MPa and 61.8%, respectively.