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 5, 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 5, 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 a tentative  agreement
with the registrant's largest union, the Independent  Steelworkers Alliance. The
tentative agreement is subject to the vote of the bargaining unit covered by the
Collective  Bargaining  Agreement between Keystone Steel and Wire, a division of
the  registrant,  and the  Independent  Steelworkers  Alliance.  The  registrant
expects  voting on the approval of the  tentative  agreement to take place on or
about January 15, 2004.

     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 5, 2004




<PAGE>


                                INDEX TO EXHIBITS


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

99.1              Letter dated January 5, 2004 from Keystone Consolidated
                  Industries, Inc. to certain of its customers.
[{"type": "8-K", "sequence": "1", "filename": "kci8k.txt", "description": "KCI FORM 8K - 1/5/04", "secsgml_size_bytes": 3479}]
{"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": "04506160"}, "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 5, 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 5, 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 a tentative  agreement
with the registrant's largest union, the Independent  Steelworkers Alliance. The
tentative agreement is subject to the vote of the bargaining unit covered by the
Collective  Bargaining  Agreement between Keystone Steel and Wire, a division of
the  registrant,  and the  Independent  Steelworkers  Alliance.  The  registrant
expects  voting on the approval of the  tentative  agreement to take place on or
about January 15, 2004.

     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 5, 2004
INDEX TO EXHIBITS

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

99.1              Letter dated January 5, 2004 from Keystone Consolidated
                  Industries, Inc. to certain of its customers.