UNITED STATES
                       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 (Date of earliest event reported): January 21, 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 of                 File Number)                 Identification
  incorporation)                                                     No.)



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



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



             (Former name or address, if changed since last report)


<PAGE>




Item 9:  Regulation FD Disclosure

         The registrant  hereby furnishes the information set forth in this Item
9 and as set forth in the letter dated  January 21, 2004 from the  registrant to
certain of its customers, a copy of which is attached hereto as Exhibit 99.1 and
incorporated herein by reference. The letter discusses,  among other things, the
results of a vote on January 20, 2004 by the  registrant's  largest  union,  the
Independent  Steelworkers  Alliance,  on a  modification  to the  union's  labor
agreement with the registrant.

         The  information,  including the exhibit,  the registrant  furnishes in
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/ Sandra K. Myers
                                                --------------------------------
                                                Sandra K. Myers
                                                Secretary




Date:  January 21, 2004




<PAGE>


                                INDEX TO EXHIBITS


Exhibit No.       Description
-----------       --------------------------------------------------

99.1              Letter dated January 21, 2004 from Keystone Consolidated
                  Industries, Inc. to certain of its customers.



<PAGE>
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{"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": "04534982"}, "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"}}
UNITED STATES
                       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 (Date of earliest event reported): January 21, 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 of                 File Number)                 Identification
  incorporation)                                                     No.)

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

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

             (Former name or address, if changed since last report)
Item 9:  Regulation FD Disclosure

         The registrant  hereby furnishes the information set forth in this Item
9 and as set forth in the letter dated  January 21, 2004 from the  registrant to
certain of its customers, a copy of which is attached hereto as Exhibit 99.1 and
incorporated herein by reference. The letter discusses,  among other things, the
results of a vote on January 20, 2004 by the  registrant's  largest  union,  the
Independent  Steelworkers  Alliance,  on a  modification  to the  union's  labor
agreement with the registrant.

         The  information,  including the exhibit,  the registrant  furnishes in
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/ Sandra K. Myers
                                                --------------------------------
                                                Sandra K. Myers
                                                Secretary

Date:  January 21, 2004
INDEX TO EXHIBITS

Exhibit No.       Description
-----------       --------------------------------------------------

99.1              Letter dated January 21, 2004 from Keystone Consolidated
                  Industries, Inc. to certain of its customers.