<ARTICLE> 5 <CIK> 0000854663 <NAME> RMI TITANIUM <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 10,725 <SECURITIES> 0 <RECEIVABLES> 66,161 <ALLOWANCES> 1,037 <INVENTORY> 94,684 <CURRENT-ASSETS> 175,481 <PP&E> 137,040 <DEPRECIATION> 99,808 <TOTAL-ASSETS> 227,768 <CURRENT-LIABILITIES> 34,828 <BONDS> 670 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 209 <OTHER-SE> 169,581 <TOTAL-LIABILITY-AND-EQUITY> 227,768 <SALES> 73,708 <TOTAL-REVENUES> 73,708 <CGS> 57,932 <TOTAL-COSTS> 61,302 <OTHER-EXPENSES> (165) <LOSS-PROVISION> 60 <INTEREST-EXPENSE> 33 <INCOME-PRETAX> 12,478 <INCOME-TAX> 1,560 <INCOME-CONTINUING> 10,918 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 10,918 <EPS-PRIMARY> 0.54 <EPS-DILUTED> 0.54