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                                                                   EXHIBIT 23.1

                       CONSENT OF INDEPENDENT ACCOUNTANTS

        We hereby consent to the incorporation by reference in the prospectuses 
constituting part of the Registration Statement on Form S-8 listed below of 
RMI Titanium Company of our report dated January 26, 1996, appearing on page 18 
of this annual report on Form 10-K.

        File No. 33-38247 Relating to the RMI 1989 Employee Restricted Stock 
Award Plan

        File No. 33-36248 Relating to the RMI 1989 Stock Option Incentive Plan

        File No. 33-38340 Relating to the RMI Bargaining Unit Employees Savings 
and Investment Plan

        File No. 33-38339 Relating to the RMI Savings and Investment Plan


Price Waterhouse LLP
Pittsburgh, Pennsylvania
March   , 1996