To provide an apparatus for producing a metal powder and a method of producing a metal powder capable of obtaining a metal powder having a finer particle size of excellent quality. A supersonic combustion flame is intensively injected into a downwardly supplied molten metal, the intensive combustion flame is jetted directly downwardly as a focused jet flow, the focused jet flow thrusts into a turning water flow formed along an inner peripheral surface of a pulverization cooling cylinder whose axis line is inclined from a vertical direction, and an intensive position of the combustion flame is in an open space above the turning water flow.