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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 DbzVPgLdLwR7oACEmlIyEAtCWuS5eVcTYJWKkfDWUfyf8s9D5FaMkO5yPf6oyFZu
 SeuC7l6eH9XzeYjqSoEyag==

<SEC-DOCUMENT>0001188336-05-000002.txt : 20050914
<SEC-HEADER>0001188336-05-000002.hdr.sgml : 20050914
<ACCEPTANCE-DATETIME>20050914163905
ACCESSION NUMBER:		0001188336-05-000002
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050831
FILED AS OF DATE:		20050914
DATE AS OF CHANGE:		20050914

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			KEYSTONE CONSOLIDATED INDUSTRIES INC
		CENTRAL INDEX KEY:			0000055604
		STANDARD INDUSTRIAL CLASSIFICATION:	STEEL WORKS, BLAST FURNACES  ROLLING MILLS (COKE OVENS) [3312]
		IRS NUMBER:				370364250
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		5430 LBJ FWY STE 1740
		STREET 2:		THREE LINCOLN CENTRE
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75240
		BUSINESS PHONE:		2144580028

	MAIL ADDRESS:	
		STREET 1:		5430 LBJ FWY STE 1740
		STREET 2:		THREE LINCOLN CENTRE
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75240

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	KEYSTONE STEEL & WIRE CO
		DATE OF NAME CHANGE:	19710506

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			BARRY THOMAS E
		CENTRAL INDEX KEY:			0001188336

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-03919
		FILM NUMBER:		051084742

	BUSINESS ADDRESS:	
		STREET 1:		SOUTHERN METHODIST UNIVERSITY
		STREET 2:		P O BOX 750102
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75275
		BUSINESS PHONE:		972 233 1700

	MAIL ADDRESS:	
		STREET 1:		5430 LBJ FREEWAY
		STREET 2:		SUIT 1700
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75240
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>teb50913_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2005-08-31</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0000055604</issuerCik>
        <issuerName>KEYSTONE CONSOLIDATED INDUSTRIES INC</issuerName>
        <issuerTradingSymbol>KESNQ.OB</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001188336</rptOwnerCik>
            <rptOwnerName>BARRY THOMAS E</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>SOUTHERN METHODIST UNIVERSITY</rptOwnerStreet1>
            <rptOwnerStreet2>P O BOX 750102</rptOwnerStreet2>
            <rptOwnerCity>DALLAS</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>75275</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common stock $1.00 par value</value>
            </securityTitle>
            <transactionDate>
                <value>2005-08-31</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>2000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">At 5:30 p.m., central daylight time, on August 31, 2005 (the &quot;Effective Time&quot;), Keystone Consolidated Industries, Inc.
 (&quot;Keystone&quot;) emerged from Chapter 11 bankruptcy proceedings.  Keystone had previously received confirmation of the related
 Third Amended Joint Reorganization Plan (the &quot;Reorganization Plan&quot;) from the U.S. Bankruptcy Court for the Eastern District
 of Wisconsin in Milwaukee at a confirmation hearing held on August 10, 2005.

Effective August 31, 2005 and pursuant to the Reorganization Plan, all shares of Keystone's common stock, par value $1.00 per
 share, and series A 10% cumulative convertible paid-in-kind preferred stock, no par value per share, outstanding prior to
 the Effective Time were cancelled.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>A. Andrew R. Louis, Attorney-in-fact, for Thomas E. Barry</signatureName>
        <signatureDate>2005-09-13</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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