<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from Titanium
Metals Corporation's financial statements for the nine months ended September 30,
1998 and is qualified in its entirety by reference to such consolidated 
financial statements.
</LEGEND>
<CIK> 0001011657
<NAME> TITANIUM METALS CORPORATION
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               SEP-30-1998
<EXCHANGE-RATE>                                      1
<CASH>                                         142,591
<SECURITIES>                                         0
<RECEIVABLES>                                  151,679
<ALLOWANCES>                                     2,039
<INVENTORY>                                    212,059
<CURRENT-ASSETS>                               528,195
<PP&E>                                         397,190
<DEPRECIATION>                                  67,986
<TOTAL-ASSETS>                                 986,827
<CURRENT-LIABILITIES>                          157,569
<BONDS>                                              0
<PREFERRED-MANDATORY>                          201,250
<PREFERRED>                                          0
<COMMON>                                           315
<OTHER-SE>                                     458,117
<TOTAL-LIABILITY-AND-EQUITY>                   986,827
<SALES>                                        551,390
<TOTAL-REVENUES>                               557,186
<CGS>                                          418,437
<TOTAL-COSTS>                                  469,269
<OTHER-EXPENSES>                                 8,211
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               2,325
<INCOME-PRETAX>                                 85,592
<INCOME-TAX>                                    29,134
<INCOME-CONTINUING>                             48,247
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    48,247
<EPS-PRIMARY>                                     1.53
<EPS-DILUTED>                                     1.49