SECURITIES AND EXCHANGE COMMISSION


                              WASHINGTON, DC 20549


                                    FORM 8-K

                                 CURRENT REPORT


                Pursuant to Section 13 or 15(d) of the Securities
                              Exchange Act of 1934



                                February 25, 2004
 -------------------------------------------------------------------------------
                (Date of Report, date of earliest event reported)



                           TITANIUM METALS CORPORATION
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             (Exact name of Registrant as specified in its charter)



 Delaware                  0-28538                    13-5630895
--------------------------------------------------------------------------------
(State or other           (Commission                (IRS Employer
 jurisdiction of           File Number)               Identification
 incorporation)                                       Number)



                   1999 Broadway, Suite 4300, Denver, CO 80202
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               (Address of principal executive offices) (Zip Code)


                                 (303) 296-5600
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              (Registrant's telephone number, including area code)


                                 Not Applicable
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             (Former name or address, if changed since last report)





Item 5: Other Events

     On  February  25, 2004 the  Registrant  issued the press  release  attached
hereto as Exhibit  99.1 which is  incorporated  herein by  reference.  The press
release relates to an announcement by Registrant that it is increasing prices on
all non-contract titanium mill and melted products for new orders.

Item 7:    Financial Statements, Pro Forma Financial Information and Exhibits

       (c) Exhibits

           Item No. Exhibit List
           -------- ------------------------------------------------------------

           99.1      Press Release dated February 25, 2004 issued by Registrant











                                   SIGNATURES


     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.



                               TITANIUM METALS CORPORATION
                               (Registrant)




                               By: /s/ Matthew O'Leary
                                    Matthew O'Leary
                                    Corporate Attorney and Assistant Secretary


Date: February 24, 2004








                                                                            99.1


                                  PRESS RELEASE


FOR IMMEDIATE RELEASE:                                CONTACT:

Titanium Metals Corporation                           Bruce P. Inglis
1999 Broadway, Suite 4300                             VP--Finance
Denver, Colorado 80202                                    & Corporate Controller
                                                      (303) 296-5600


                         TIMET ANNOUNCES PRICE INCREASE

     DENVER, COLORADO . . . February 25, 2004 . . . Due to significant increases
in raw material and energy costs and  strengthening  demand  across  several key
titanium markets, Titanium Metals Corporation (TIMET) (NYSE: TIE) announced that
it is increasing pricing for titanium mill and melted products by 8-11% starting
immediately.

     According to J. Landis  Martin,  Chairman & CEO of TIMET,  "TIMET and other
companies in the titanium industry have experienced significant increases in raw
material  costs over the last few months,  principally  in  titanium  feedstocks
(titanium  sponge  and  scrap).  We  believe  this is due  mainly  to  increased
competition for those same feedstocks from the global  ferro-titanium  industry,
combined  with  current low levels of titanium  scrap  generation  and  somewhat
higher demand for titanium products."

     Martin continued, "To date, TIMET has absorbed the brunt of these increased
costs,  while working with our customers to mitigate the impact  through  supply
chain and technology innovation.  Unfortunately, we must pass along a portion of
these costs to achieve sustained  profitability and be in a position to reinvest
in  our  business  in  support  of  key  customers  and  markets.  Further  cost
escalations similar to those experienced  recently could necessitate  additional
pricing actions in the near future."

     TIMET,  headquartered in Denver,  Colorado, is a leading worldwide producer
of titanium metal products. Information on TIMET is available on the internet at
www.timet.com.

                                    o o o o o