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): May 16, 2005




                     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)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2):

[   ]     Written communications pursuant to Rule 425 under the Securities Act
          (17 CFR 230.425)

[   ]     Soliciting material pursuant to Rule 14a-12 under  the  Exchange Act
          (17 CFR 240.14a-12)

[   ]     Pre-commencement communications  pursuant to Rule 14d-2(b) under the
          Exchange Act (17 CFR 240.14d-2(b))

[   ]     Pre-commencement communications pursuant to  Rule 13e-4(c) under the
          Exchange Act (17 CFR 240.13e-4(c))


<PAGE>

Item 7.01    Regulation FD Disclosure

     On February 26, 2004, Keystone Consolidated Industries, Inc. (the "Company"
or "Keystone"),  together with five of its direct and indirect  subsidiaries (FV
Steel and Wire Company,  DeSoto  Environmental  Management,  Inc., J.L. Prescott
Company, Sherman Wire Company (f/k/a DeSoto, Inc.) and Sherman Wire of Caldwell,
Inc.), filed voluntary  petitions for relief under Chapter 11 of Title 11 of the
United States Code (the "Bankruptcy Code") in the United States Bankruptcy Court
for the Eastern District of Wisconsin in Milwaukee (the "Bankruptcy Court").

     On May 16, 2005,  Keystone filed its Monthly Operating Report for the month
of April 2005 (the "Monthly Operating Report") with the Bankruptcy Court. A copy
of certain  summary  financial  information  and  related  supporting  schedules
contained  in  the  Monthly   Operating   Report  (the   "Bankruptcy   Financial
Information")  is attached hereto as Exhibit 99.1 and  incorporated by reference
herein.

     The Bankruptcy Financial  Information is limited in scope, covers a limited
time period and has been  prepared  solely for  purposes of  complying  with the
monthly reporting requirements of the Bankruptcy Court.  Keystone's wholly-owned
subsidiary, Engineered Wire Products, Inc. ("EWP"), has not filed for protection
under the Bankruptcy  Code, and financial  information  for EWP has been omitted
from the Bankruptcy Financial Information.  The Bankruptcy Financial Information
is unaudited and does not purport to show the  financial  statements of Keystone
or any of its  subsidiaries in accordance with accounting  principles  generally
accepted in the United States ("GAAP"), and therefore excludes items required by
GAAP, such as certain reclassifications,  eliminations,  accruals and disclosure
items. Keystone cautions readers not to place undue reliance upon the Bankruptcy
Financial  Information.  There  can be no  assurance  that such  information  is
complete. In addition, in order to comply with the 15-day filing requirements of
the Bankruptcy  Court,  certain year-end  adjustments have not been reflected in
the Monthly Operating Report and related Bankruptcy Financial  Information.  The
debtors  anticipate filing an amended report when information  relative to these
adjustments becomes available.

     A copy  of  certain  financial  information  of  EWP  (the  "EWP  Financial
Information")  is attached hereto as Exhibit 99.2 and  incorporated by reference
herein. The EWP Financial Information is limited in scope, covers a limited time
period and has been prepared  solely for purposes of internal  reporting  within
Keystone.  The EWP  Financial  Information  is unaudited and does not purport to
show the  financial  statements of EWP in  accordance  with GAAP,  and therefore
excludes   items   required   by  GAAP,   such  as  certain   reclassifications,
eliminations,  accruals and disclosure  items.  Keystone cautions readers not to
place  undue  reliance  upon  the EWP  Financial  Information.  There  can be no
assurance that such information is complete.

     The Bankruptcy Financial  Information and the EWP Financial Information are
for information purposes only and are 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  the
Bankruptcy  Financial  Information  or EWP Financial  Information  by reference,
except as otherwise expressly stated in such filing.

Item 9.01    Financial Statements and Exhibits.

     (c) Exhibits.

            Item No.   Exhibit Index
           ----------  ---------------------------------------------------------
             99.1      Bankruptcy Financial Information contained in the Monthly
                       Operating Report for the month of April 2005

             99.2      EWP Financial Information for the month of April 2005


<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:  May 18, 2005


<PAGE>

                                INDEX TO EXHIBITS


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

99.1         Bankruptcy Financial Information contained in the Monthly Operating
             Report for the month of April 2005

99.2         EWP Financial Information for the month of April 2005
[{"type": "8-K", "sequence": "1", "filename": "key8k052005.txt", "description": "FORM 8-K", "secsgml_size_bytes": 7073}]
{"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": "05840522"}, "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): May 16, 2005

                     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)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2):

[   ]     Written communications pursuant to Rule 425 under the Securities Act
          (17 CFR 230.425)

[   ]     Soliciting material pursuant to Rule 14a-12 under  the  Exchange Act
          (17 CFR 240.14a-12)

[   ]     Pre-commencement communications  pursuant to Rule 14d-2(b) under the
          Exchange Act (17 CFR 240.14d-2(b))

[   ]     Pre-commencement communications pursuant to  Rule 13e-4(c) under the
          Exchange Act (17 CFR 240.13e-4(c))
Item 7.01    Regulation FD Disclosure

     On February 26, 2004, Keystone Consolidated Industries, Inc. (the "Company"
or "Keystone"),  together with five of its direct and indirect  subsidiaries (FV
Steel and Wire Company,  DeSoto  Environmental  Management,  Inc., J.L. Prescott
Company, Sherman Wire Company (f/k/a DeSoto, Inc.) and Sherman Wire of Caldwell,
Inc.), filed voluntary  petitions for relief under Chapter 11 of Title 11 of the
United States Code (the "Bankruptcy Code") in the United States Bankruptcy Court
for the Eastern District of Wisconsin in Milwaukee (the "Bankruptcy Court").

     On May 16, 2005,  Keystone filed its Monthly Operating Report for the month
of April 2005 (the "Monthly Operating Report") with the Bankruptcy Court. A copy
of certain  summary  financial  information  and  related  supporting  schedules
contained  in  the  Monthly   Operating   Report  (the   "Bankruptcy   Financial
Information")  is attached hereto as Exhibit 99.1 and  incorporated by reference
herein.

     The Bankruptcy Financial  Information is limited in scope, covers a limited
time period and has been  prepared  solely for  purposes of  complying  with the
monthly reporting requirements of the Bankruptcy Court.  Keystone's wholly-owned
subsidiary, Engineered Wire Products, Inc. ("EWP"), has not filed for protection
under the Bankruptcy  Code, and financial  information  for EWP has been omitted
from the Bankruptcy Financial Information.  The Bankruptcy Financial Information
is unaudited and does not purport to show the  financial  statements of Keystone
or any of its  subsidiaries in accordance with accounting  principles  generally
accepted in the United States ("GAAP"), and therefore excludes items required by
GAAP, such as certain reclassifications,  eliminations,  accruals and disclosure
items. Keystone cautions readers not to place undue reliance upon the Bankruptcy
Financial  Information.  There  can be no  assurance  that such  information  is
complete. In addition, in order to comply with the 15-day filing requirements of
the Bankruptcy  Court,  certain year-end  adjustments have not been reflected in
the Monthly Operating Report and related Bankruptcy Financial  Information.  The
debtors  anticipate filing an amended report when information  relative to these
adjustments becomes available.

     A copy  of  certain  financial  information  of  EWP  (the  "EWP  Financial
Information")  is attached hereto as Exhibit 99.2 and  incorporated by reference
herein. The EWP Financial Information is limited in scope, covers a limited time
period and has been prepared  solely for purposes of internal  reporting  within
Keystone.  The EWP  Financial  Information  is unaudited and does not purport to
show the  financial  statements of EWP in  accordance  with GAAP,  and therefore
excludes   items   required   by  GAAP,   such  as  certain   reclassifications,
eliminations,  accruals and disclosure  items.  Keystone cautions readers not to
place  undue  reliance  upon  the EWP  Financial  Information.  There  can be no
assurance that such information is complete.

     The Bankruptcy Financial  Information and the EWP Financial Information are
for information purposes only and are 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  the
Bankruptcy  Financial  Information  or EWP Financial  Information  by reference,
except as otherwise expressly stated in such filing.

Item 9.01    Financial Statements and Exhibits.

     (c) Exhibits.

            Item No.   Exhibit Index
           ----------  ---------------------------------------------------------
             99.1      Bankruptcy Financial Information contained in the Monthly
                       Operating Report for the month of April 2005

             99.2      EWP Financial Information for the month of April 2005
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:  May 18, 2005
INDEX TO EXHIBITS

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

99.1         Bankruptcy Financial Information contained in the Monthly Operating
             Report for the month of April 2005

99.2         EWP Financial Information for the month of April 2005