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



                                  July 26, 2001
 -------------------------------------------------------------------------------
                (Date of Report, date of earliest event reported)



                           TITANIUM METALS CORPORATION
 -------------------------------------------------------------------------------
             (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
--------------------------------------------------------------------------------
(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 July 26, 2001 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 regarding selling price increases.


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

         (c)  Exhibits

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

                99.1     Press Release dated July 26, 2001 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/ Joan H. Prusse
                                          -------------------------------
                                          Joan H. Prusse
                                          Vice President, Deputy General Counsel
                                               and Secretary


Date: July 26, 2001







                                                                    EXHIBIT 99.1

                                  PRESS RELEASE


FOR IMMEDIATE RELEASE                                CONTACT:

Titanium Metals Corporation                         Mark A. Wallace
1999 Broadway, Suite 4300                           Executive Vice President &
Denver, Colorado 80202                                 Chief Financial Officer
                                                   (303) 296-5615


                         TIMET ANNOUNCES PRICE INCREASES

     DENVER,  COLORADO . . . July 26,  2001 . . .  Titanium  Metals  Corporation
("TIMET")  (NYSE:  TIE)  announced  selling  price  increases  on new orders for
certain  grades of  commercially  pure and alloy titanium ingot and alloy forged
products.  These  price  increases  are  expected  to  range  from 15% to 20% on
applicable  products,  and reflect continued increases in certain  manufacturing
costs,  as well as the  need  to  provide  for  increased  capital  investments.
Additionally,  TIMET  will  continue  to reduce  or  eliminate  current  pricing
discounts on certain products.

     The  price  increases  are  effective  immediately,  but will not  apply to
certain  industrial  products or to orders under  agreements with customers that
include  specific  provisions  governing  selling  prices.  TIMET  is  currently
accepting orders for delivery in 2002.

     Titanium  Metals  Corporation,  headquartered  in  Denver,  Colorado,  is a
leading worldwide integrated producer of titanium metal products. Information on
TIMET is available on the World Wide Web at http://www.timet.com/.

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