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A high strength steel sheet adapted for press forming and method producing the same. The steel sheet containing by weight C: 0.01-0.1%, Si: 0.1-1.2%, Mn: not more than 3.0%, Ti:a value of (Ti%-1.5S%-3.43N%)/C% being 4-12, B: 0.0005-0.005%, Al: not more than 0.1%, P: not more than 0.1%, S: not more than 0.02%, N: not more than 0.05%. The method for producing the steel sheet wherein a steel slab containing the above mentioned component composition is heated and hot rolled in a temperature range of 1100-1280 DEG C. to provide a hot rolled sheet. The hot rolled sheet may be is subjected to cold rolling and annealing to provide a cold rolled sheet.