8-K

                                 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): July 11, 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

     The  registrant  hereby  furnishes the  information  set forth in the press
release  issued on July 11, 2005, 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
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.

Item 9.01:    Financial Statements and Exhibits.

     (c) Exhibits.

         Item No.    Exhibit Index
        ----------   ----------------------------------------
           99.1      Press Release dated July 11, 2005 issued by the registrant.


                                    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:  July 13, 2005



                                INDEX TO EXHIBITS


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

99.1           Press release dated July 11, 2005 issued by Keystone Consolidated
               Industries, Inc.

EX-99.1

KEYSTONE CONSOLIDATED INDUSTRIES, INC.                         [LOGO GOES HERE]
===============================================================================
                                  PRESS RELEASE
===============================================================================

FOR IMMEDIATE RELEASE                                    CONTACT:

Keystone Consolidated Industries, Inc.                   Bert E. Downing, Jr.
5430 LBJ Freeway, Suite 1740                             Vice President - Chief
Dallas, Texas 75240-2697                                  Financial Officer
(972) 458-0028                                           (972) 458-0028

   KEYSTONE RECEIVES COURT APPROVAL OF ITS DISCLOSURE STATEMENT AND SCHEDULES
                          DATE FOR CONFIRMATION HEARING

     DALLAS,  TEXAS . . . July 11, 2005. . . Keystone  Consolidated  Industries,
Inc. (KESNQ.PK)  announced that following a Disclosure Statement Hearing on June
24, 2005,  the U.S.  Bankruptcy  Court for the Eastern  District of Wisconsin in
Milwaukee has issued an Order that, among other things, approved the adequacy of
Keystone's  Third Amended  Disclosure  Statement,  established a plan  objection
deadline  of August 3, 2005,  and  scheduled  a hearing on August 10,  2005,  to
confirm Keystone's Third Amended Joint Plan of Reorganization.

     Keystone's Third Amended Joint Plan of  Reorganization  provides for, among
other things:

o    The  assumption of the  previously  negotiated  amendment to the collective
     bargaining  agreement  with the  Independent  Steel  Workers  Alliance (the
     "ISWA"), Keystone's largest labor union;
o    Liabilities  due to pre-petition  secured  creditors would be reinstated in
     full against reorganized Keystone;
o    All of Keystone's  common and preferred  stock  outstanding at the petition
     date would be cancelled;
o    Pre-petition  unsecured  creditors of Keystone would receive, on a pro rata
     basis,  in aggregate,  $5.2 million in cash, a $4.8 million note and 49% of
     the common stock of reorganized  Keystone (the amount of cash and principal
     amount of the note may increase based on certain events);
o    Certain  operating  assets and existing  operations of Sherman Wire Company
     ("Sherman Wire"), one of Keystone's pre-petition wholly-owned subsidiaries,
     will be sold at fair market value to  Keystone,  which will then be used to
     form and operate a newly created  wholly-owned  subsidiary  of  reorganized
     Keystone;
o    Sherman Wire, and its pre-petition wholly-owned non-operating subsidiaries,
     J.L. Prescott Company, and DeSoto Environmental Management, Inc. as well as
     Sherman Wire of Caldwell, Inc., a wholly-owned subsidiary of Keystone, will
     ultimately be liquidated and the pre-petition  unsecured creditors of these
     entities will receive their pro-rata  share of the respective  entity's net
     liquidation proceeds;
o    Pre-petition  unsecured creditors of Keystone's  wholly-owned  pre-petition
     subsidiary,  FV Steel & Wire Company, would receive cash in an amount equal
     to their allowed claims;
o    One of Keystone's  Debtor-In-Possession  lenders,  EWP  Financial,  LLC (an
     affiliate  of  Contran  Corporation  ("Contran"),  Keystone's  pre-petition
     majority  shareholder)  would  convert $5  million of its credit  facility,
     certain  pre-petition  unsecured claims and certain  administrative  claims
     into 51% of the common stock of reorganized Keystone;
o    The Board of  Directors  of  reorganized  Keystone  will  consist  of seven
     individuals,  two of which shall be  designated  by  Contran,  two of which
     shall be designated by the Official  Committee of Unsecured  Creditors (the
     "OCUC"),  and the remaining  three  directors  shall qualify as independent
     directors (two of the  independent  directors shall be appointed by Contran
     with the  OCUC's  consent  and one  shall  be  appointed  by the OCUC  with
     Contran's consent); and
o    The Plan of  Reorganization  assumes Keystone will obtain  Bankruptcy Court
     approval for agreements  that have been reached with certain retiree groups
     that  will  provide  relief  by  permanently  reducing  healthcare  related
     payments  to  these  retiree  groups  from  pre-petition  levels  and  such
     agreement will be assumed by reorganized Keystone.

     Confirmation  of the Third Amended Plan of  Reorganization  remains subject
to, among other things,  (1) the  confirmation  hearing on August 10, 2005,  (2)
obtaining  the  requisite  vote  of  Keystone's  and its  subsidiaries'  various
creditor  constituencies,  (3) satisfying  other  confirmation  requirements and
obtaining  the  related  approval  of the  Bankruptcy  Court  and (4)  obtaining
sufficient   exit   financing   to   refinance   the   balance   of   Keystone's
Debtor-In-Possession  loans.  Keystone  has received  term sheets  from,  and is
currently  negotiating  with,  lenders  interested  in providing  the  necessary
financing  to  exit  from  bankruptcy.  No  assurances  can be  given  that  the
negotiations will result in Keystone receiving the necessary financing.

     Keystone  believes  Bankruptcy  Court approval of the adequacy of the Third
Amended  Disclosure  Statement  and  the  scheduling  of  the  August  10,  2005
confirmation  hearing,  represent the final major steps in Keystone's efforts to
complete a successful restructuring.  Keystone and its advisors will continue to
work  diligently in an effort to achieve its goal of exiting  bankruptcy as soon
as possible.

     As  provided  by the  safe  harbor  provisions  of the  Private  Securities
Litigation  Reform Act of 1995,  Keystone cautions that statements in this press
release  relating to matters that are not historical  facts are  forward-looking
statements  that  represent   management's  beliefs  and  assumptions  based  on
currently available information. Forward-looking statements can be identified by
the use of  words  such as  "believes,"  "intends,"  "may,"  "should,"  "could,"
"anticipates,"  "expected,"  or comparable  terminology,  or by  discussions  of
strategies or trends.  Although Keystone believes the expectations  reflected in
such  forward-looking  statements are reasonable,  it cannot give any assurances
that these  expectations  will prove to be  correct.  Such  statements  by their
nature involve  substantial  risks and  uncertainties  that could  significantly
impact expected results,  and actual future results could differ materially from
those described in such forward-looking statements.  While it is not possible to
identify all factors,  Keystone  continues to face many risks and uncertainties.
Among the factors that could cause actual  future  results to differ  materially
are the  risks and  uncertainties  discussed  in this  press  release  and those
described  from  time to time in the  Keystone's  other  filings  with  the U.S.
Securities and Exchange Commission including, but not limited to:

o    Future supply and demand for  Keystone's  products  (including  cyclicality
     thereof),
o    Customer inventory levels,
o    Changes in raw material and other  operating  costs (such as ferrous  scrap
     and energy),
o    General economic conditions,
o    Competitive products and substitute products,
o    Changes in customer and competitor strategies,
o    The impact of pricing and production decisions,
o    The possibility of labor disruptions,
o    Environmental  matters  (such as those  regulating  emission and  discharge
     standards for existing and new facilities),
o    Government regulations and possible changes therein,
o    Significant  increases  in  the  cost  of  providing  medical  coverage  to
     employees and retirees,
o    The ability to  successfully  obtain  reductions  in  Keystone's  operating
     costs, including achieving relief from the current provisions of agreements
     relative to healthcare with certain retiree groups,
o    The ability of Keystone to successfully renegotiate the terms of certain of
     its indebtedness,
o    The ultimate resolution of pending litigation,
o    International  trade  policies  of the United  States and  certain  foreign
     countries,
o    A successful reorganization and exit from the bankruptcy process,
o    Any possible future litigation, and
o    Other risks and uncertainties as discussed in this press release.

     Should one or more of these risks  materialize (or the consequences of such
a development  worsen),  or should the underlying  assumptions  prove incorrect,
actual  results  could  differ  materially  from those  forecasted  or expected.
Keystone  disclaims  any  intention  or  obligation  to  update  or  revise  any
forward-looking statement whether as a result of new information,  future events
or otherwise.

     Keystone Consolidated  Industries,  Inc. is headquartered in Dallas, Texas.
The  company is a leading  manufacturer  and  distributor  of  fencing  and wire
products,  wire rod,  industrial wire,  nails and construction  products for the
agricultural,  industrial,  construction,  original  equipment  markets  and the
retail consumer.  Keystone's common stock is traded under the symbol:  KESNQ.PK.
Up to date  information  concerning  the bankruptcy  case,  copies of Bankruptcy
Court  filings  and  orders  issued  by the  Bankruptcy  Court  may be  found at
http://www.kccllc.com .

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