In a dark tunnel in the castle stronghold of the Vietnamese scientist Half-Face, Iron Man comes face-to-face with the madman’s latest creation…the Titanium Man! Thought to have drowned in the ocean in issue #83, the Russian giant was recovered and improved by Half-Face. Now Iron Man finds his repulsor rays have no effect on his foe. To buy time, Shellhead uses his jet skates to literally run rings around the tunnel, dodging the villain’s violent attacks….
Meanwhile, Half-Face watches in glee, dreaming of becoming greater than the Mandarin. His mind goes back to his earlier days: as a scientist dedicated to the Communist cause, he abandoned his wife and child to work at a remote lab on new weapons for his Red masters. But something went wrong and a chemical explosion left the lower part of his face disfigured. Ashamed to return to his family, he threw himself totally into his mission to destroy Iron Man….
Titanium Man, frustrated at his opponent’s irritating tactics, smashes the tunnel to pieces and pursues Iron Man into a large venue. The monster seizes Iron Man in his armored hands and squeezes; unable to break free, the hero pretends to succumb to the deadly force….
Meanwhile, in America, a mysterious figure arrives at the Stark factory in Long Island and asks for Tony Stark but is told Stark is out of the country. He promises to return….
As Iron Man lies on the floor feigning defeat, he hears Half-Face order Titanium Man to destroy a peaceful village so that American bombers will be blamed and world opinion turn against the United States; it will be a might propaganda victory. Iron Man, weak from the battle, realizes he must stop the attack but how…?