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



Date of Report:  February 27, 2004




                     KEYSTONE CONSOLIDATED INDUSTRIES, INC.
             (Exact name of Registrant as specified in its charter)



    Delaware     1-3919                              37-0364250
------------------------                            ------------
(State or other(Commission                          (IRS Employer
 jurisdiction ofFile Number)                       Identification
  incorporation)                                        No.)



5430 LBJ Freeway, Suite 1740, Dallas, TX                        75240-2697
(Address of principal executive offices)                        (Zip Code)



Registrant's telephone number, including area code: (972) 458-0028
                                                    --------------





<PAGE>


Item 3:  Bankruptcy or Receivership


On February 26, 2004, Keystone  Consolidated  Industries,  Inc. ("Keystone") and
five of its direct and indirect  subsidiaries  (the "Debtors") filed a voluntary
petitions for  reorganization  under Chapter 11 of the United States Code in the
United  States  Bankruptcy  Court  for the  Eastern  District  of  Wisconsin  in
Milwaukee.  The Debtors  remain in  possession  of their  assets and continue to
operate their businesses as debtor in possession.




Item 9:        Regulation FD Disclosure



Pursuant to Item 9 of this current report,  the registrant  hereby furnished the
information  set forth in the press releases issued on February 27, 2004, a copy
of  which  is  attached  hereto  as  Exhibit  99.1 and  incorporated  herein  by
reference.

The information,  including the exhibit, the registrant furnishes in this Item 9
and Exhibit 99.1 of this report is not deemed "filed" for purposes of section 18
of the Securities  Exchange Act of 1934, as amended, or otherwise subject to the
liabilities of that section.  Registration  statements or other  documents filed
with  the  Securities  and  Exchange   Commission  shall  not  incorporate  this
information by reference, except as otherwise expressly stated in such filing.



<PAGE>


                                    SIGNATURE


     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.

                     Keystone Consolidated Industries, Inc.
                                   (Registrant)




                                          By: /s/ Bert E. Downing, Jr.
                                              ----------------------------
                                              Bert E. Downing, Jr.
                                              Vice President, Chief Financial
                                              Officer, Corporate Controller and
                                              Treasurer




Date:  February 27, 2004

                                INDEX TO EXHIBITS



Exhibit No.    Description

99.1           Press  release  dated   February  27,  2004  issued  by  Keystone
               Consolidated Industries, Inc.
[{"type": "8-K", "sequence": "1", "filename": "kci8k0227.txt", "secsgml_size_bytes": 3417}]
{"company-data": {"conformed-name": "KEYSTONE CONSOLIDATED INDUSTRIES INC", "cik": "0000055604", "assigned-sic": "3312", "irs-number": "370364250", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-03919", "film-number": "04632556"}, "business-address": {"street1": "5430 LBJ FWY STE 1740", "street2": "THREE LINCOLN CENTRE", "city": "DALLAS", "state": "TX", "zip": "75240", "phone": "2144580028"}, "mail-address": {"street1": "5430 LBJ FWY STE 1740", "street2": "THREE LINCOLN CENTRE", "city": "DALLAS", "state": "TX", "zip": "75240"}, "former-company": {"former-conformed-name": "KEYSTONE STEEL & WIRE CO", "date-changed": "19710506"}}
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

Date of Report:  February 27, 2004

                     KEYSTONE CONSOLIDATED INDUSTRIES, INC.
             (Exact name of Registrant as specified in its charter)

    Delaware     1-3919                              37-0364250
------------------------                            ------------
(State or other(Commission                          (IRS Employer
 jurisdiction ofFile Number)                       Identification
  incorporation)                                        No.)

5430 LBJ Freeway, Suite 1740, Dallas, TX                        75240-2697
(Address of principal executive offices)                        (Zip Code)

Registrant's telephone number, including area code: (972) 458-0028
                                                    --------------
Item 3:  Bankruptcy or Receivership

On February 26, 2004, Keystone  Consolidated  Industries,  Inc. ("Keystone") and
five of its direct and indirect  subsidiaries  (the "Debtors") filed a voluntary
petitions for  reorganization  under Chapter 11 of the United States Code in the
United  States  Bankruptcy  Court  for the  Eastern  District  of  Wisconsin  in
Milwaukee.  The Debtors  remain in  possession  of their  assets and continue to
operate their businesses as debtor in possession.

Item 9:        Regulation FD Disclosure

Pursuant to Item 9 of this current report,  the registrant  hereby furnished the
information  set forth in the press releases issued on February 27, 2004, a copy
of  which  is  attached  hereto  as  Exhibit  99.1 and  incorporated  herein  by
reference.

The information,  including the exhibit, the registrant furnishes in this Item 9
and Exhibit 99.1 of this report is not deemed "filed" for purposes of section 18
of the Securities  Exchange Act of 1934, as amended, or otherwise subject to the
liabilities of that section.  Registration  statements or other  documents filed
with  the  Securities  and  Exchange   Commission  shall  not  incorporate  this
information by reference, except as otherwise expressly stated in such filing.
SIGNATURE

     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.

                     Keystone Consolidated Industries, Inc.
                                   (Registrant)

                                          By: /s/ Bert E. Downing, Jr.
                                              ----------------------------
                                              Bert E. Downing, Jr.
                                              Vice President, Chief Financial
                                              Officer, Corporate Controller and
                                              Treasurer

Date:  February 27, 2004

                                INDEX TO EXHIBITS

Exhibit No.    Description

99.1           Press  release  dated   February  27,  2004  issued  by  Keystone
               Consolidated Industries, Inc.