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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 9lfbUQwXZ1t7m9BgWYoCnQ==

<SEC-DOCUMENT>0000898080-04-000370.txt : 20040716
<SEC-HEADER>0000898080-04-000370.hdr.sgml : 20040716
<ACCEPTANCE-DATETIME>20040716170522
ACCESSION NUMBER:		0000898080-04-000370
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040715
FILED AS OF DATE:		20040716

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DYNAMIC MATERIALS CORP
		CENTRAL INDEX KEY:			0000034067
		STANDARD INDUSTRIAL CLASSIFICATION:	MISCELLANEOUS PRIMARY METAL PRODUCTS [3390]
		IRS NUMBER:				840608431
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		5405 SPINE ROAD
		CITY:			BOULDER
		STATE:			CO
		ZIP:			80301
		BUSINESS PHONE:		3036655700

	MAIL ADDRESS:	
		STREET 1:		5405 SPINE ROAD
		CITY:			BOULDER
		STATE:			CO
		ZIP:			80301

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EXPLOSIVE FABRICATORS INC
		DATE OF NAME CHANGE:	19920703

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			BANKER JOHN G
		CENTRAL INDEX KEY:			0001117225

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14775
		FILM NUMBER:		04918579

	BUSINESS ADDRESS:	
		STREET 1:		C/O DYNAMIC MATERIALS CORP
		STREET 2:		551 ASPEN RIDGE DR
		CITY:			LAFAYETTE
		STATE:			CO
		ZIP:			80026
		BUSINESS PHONE:		3036655700

	MAIL ADDRESS:	
		STREET 1:		C/O DYNAMIC MATERIALS CORP
		STREET 2:		551 ASPEN RIDGE DR
		CITY:			LAFAYETTE
		STATE:			CO
		ZIP:			80026
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar812_06833form4ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-07-15</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000034067</issuerCik>
        <issuerName>DYNAMIC MATERIALS CORP</issuerName>
        <issuerTradingSymbol>BOOM</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001117225</rptOwnerCik>
            <rptOwnerName>BANKER JOHN G</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O DYNAMIC MATERIALS CORP</rptOwnerStreet1>
            <rptOwnerStreet2>5405 SPINE ROAD</rptOwnerStreet2>
            <rptOwnerCity>BOULDER</rptOwnerCity>
            <rptOwnerState>CO</rptOwnerState>
            <rptOwnerZipCode>80301</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>V.P. Sales and Marketing</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2004-07-15</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>2579</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>2.423</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>23220</value>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Shares of common stock acquired pursuant to the Dynamic Materials Corporation Employee Stock Purchase Plan, which is
intended to qualify as an &quot;employee stock purchase plan&quot; under Section 423 of the Internal Revenue Code of 1986, as amended.</footnote>
        <footnote id="F2">This amount does not include 1,010 shares held indirectly by Spouse.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ John G. Banker</signatureName>
        <signatureDate>2004-07-16</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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