There is provided an .alpha.-.beta. type titanium alloy having a
normal-temperature strength equivalent to, or exceeding that of a
Ti-6Al-4V alloy generally used as a high-strength titanium alloy, and
excellent in hot workability including hot forgeability and subsequent
secondary workability, and capable of being hot-worked into a desired
shape at a low cost efficiently. There is disclosed an .alpha.-.beta. type
titanium alloy having high strength and excellent hot workability wherein
0.08-0.25% C is contained, the tensile strength at room temperature
(25.degree. C.) after annealing at 700.degree. C. is 895 MPa or more, the
flow stress upon greeble test at 850.degree. C. is 200 MPa or less, and
the tensile strength/flow stress ratio is 9 or more. A particularly
preferred .alpha.-.beta. type titanium alloy comprises 3-7% Al and
0.08-025% C as .alpha.-stabilizers, and 2.0-6.0% Cr and 0.3-1.0% Fe as
.beta.-stabilizers.