SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                  FORM 10-K/A-2

 X     ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
---    ACT OF 1934 - For the fiscal year ended December 31, 2002

Commission file number 1-3919
                       ------

                     Keystone Consolidated Industries, Inc.
             (Exact name of registrant as specified in its charter)

             Delaware                                       37-0364250
---------------------------------                    ---------------------------
(State or other jurisdiction of                           (IRS Employer
incorporation or organization)                         identification No.)

5430 LBJ Freeway, Suite 1740
Three Lincoln Centre, Dallas, TX                             75240-2697
---------------------------------------         --------------------------------
(Address of principal executive offices)                     (Zip Code)

Registrant's telephone number, including area code:           (972) 458-0028
                                                     ---------------------------

Securities registered pursuant to Section 12(b) of the Act:

                                                       Name of each exchange
            Title of each class                         on which registered

         Common Stock, $1 par value                             None

Securities registered pursuant to Section 12(g) of the Act:

                                      None.

Indicate by check mark if disclosure of delinquent  filers  pursuant to Item 405
of Regulation  S-K is not contained  herein,  and will not be contained,  to the
best of registrant's  knowledge,  in definitive proxy or information  statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K. [X]

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months and (2) has been subject to such filing requirements for
the past 90 days.

Yes   X       No
     ---

Indicate  by check mark  whether  the  Registrant  is an  accelerated  filer (as
defined in Rule 12b-2 of the Securities Exchange Act of 1934). Yes    No X
                                                                        ---

The  aggregate  market  value of the  5,077,977  shares of voting  stock held by
nonaffiliates  of the Registrant,  as of June 28, 2002 (the last business day of
the  Registrant's   most  recently   completed   second  fiscal  quarter),   was
approximately $5.1 million.

As of March 31, 2003, 10,068,450 shares of common stock were outstanding.

                       Documents incorporated by reference

The  information  required by Part III is  incorporated  by  reference  from the
Registrant's  definitive  proxy  statement to be filed with the  Securities  and
Exchange Commission pursuant to Regulation 14A not later than 120 days after the
end of the fiscal year covered by this report.

The  undersigned   Registrant  hereby  amends  the  following  items,  financial
statements, exhibits or other portions of its Annual Report on Form 10-K for the
year  ended  December  31,  2002 as set forth  below  and in the pages  attached
hereto:

ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES, AND REPORTS ON FORM 8-K

Exhibit No.

99.3 --   Annual Report of the Keystone Consolidated  Industries,  Inc. Deferred
          Incentive Plan (Form 11-K) for the year ended December 31, 2002 (filed
          as an amendment to the Registrant's Annual Report on Form 10-K for the
          year ended December 31, 2002).


<PAGE>


                                   SIGNATURES


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly  caused  this  amendment  to be signed on its behalf by the
undersigned, thereunto duly authorized.

                                     KEYSTONE CONSOLIDATED INDUSTRIES, INC.
                                     --------------------------------------
                                                   (Registrant)


Date: June 30, 2003                  By: /s/ Bert E. Downing, Jr.
                                         ---------------------------
                                         Bert E. Downing, Jr.
                                         Vice President, Chief Financial
                                         Officer, Corporate Controller and
                                         Treasurer
                                         (Principal Financial and Accounting
                                         Officer)


<PAGE>


                                  CERTIFICATION

I, David L.  Cheek,  the  President  and Chief  Executive  Officer  of  Keystone
Consolidated Industries, Inc., certify that:

1)   I  have   reviewed   this  annual  report  on  Form  10-K/A-2  of  Keystone
     Consolidated Industries, Inc.; and

2)   Based on my  knowledge,  this  annual  report  does not  contain any untrue
     statement of a material fact or omit to state a material fact  necessary to
     make the statements  made, in light of the  circumstances  under which such
     statements  were made, not misleading with respect to the period covered by
     this annual report.

Date:  June 30, 2003




/s/ David L. Cheek
-----------------------------------------
David L. Cheek
President and Chief Executive Officer



<PAGE>


                                  CERTIFICATION

I, Bert E. Downing, Jr., the Vice President,  Chief Financial Officer, Corporate
Controller  and Treasurer of Keystone  Consolidated  Industries,  Inc.,  certify
that:

1)   I  have   reviewed   this  annual  report  on  Form  10-K/A-2  of  Keystone
     Consolidated Industries, Inc.; and

2)   Based on my  knowledge,  this  annual  report  does not  contain any untrue
     statement of a material fact or omit to state a material fact  necessary to
     make the statements  made, in light of the  circumstances  under which such
     statements  were made, not misleading with respect to the period covered by
     this annual report.

Date:  June 30, 2003




/s/ Bert E. Downing, Jr.
----------------------------------------------
Bert E. Downing, Jr.
Vice President, Chief Financial Officer,
Corporate Controller and Treasurer




<PAGE>



                                                                  EXHIBIT 99.3

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                    FORM 11-K

ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

                   For the fiscal year ended December 31, 2002

                          Commission file number 1-3919


            A. Full title of the plan and the address of the plan, if
                 different from that of the issuer named below:

         Keystone Consolidated Industries, Inc. Deferred Incentive Plan

          B. Name of issuer of the securities held pursuant to the plan
               and the address of its principal executive office:

                     Keystone Consolidated Industries, Inc.
                          5430 LBJ Freeway, Suite 1740
                               Dallas, Texas 75240


<PAGE>

         KEYSTONE CONSOLIDATED INDUSTRIES, INC. DEFERRED INCENTIVE PLAN

                                    FORM 11-K

                                      Index




                                                                       Page

Signature Page.........................................................  2
Financial Statements

  Report of Independent Accountants....................................  3
  Statements of Net Assets Available for Benefits -
    December 31, 2001 and 2002.........................................  4
  Statement of Changes in Net Assets Available for Benefits -
    Year ended December 31, 2002.......................................  5
  Notes to Financial Statements........................................ 6-9
Supplemental Schedule

  Schedule H, Line 4i -  Schedule of Assets (Held at End of Year)
    - December 31, 2002................................................ 10

Exhibit I - Consent of Independent Accountants......................... 11
Exhibit II - Certification Pursuant to 18 U.S.C. Section 1350,
 As Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.. 12

<PAGE>



                                    SIGNATURE


Pursuant to the  requirements  of the Securities Act of 1934, the  Administrator
has duly  caused this Annual  Report to be signed by the  undersigned  thereunto
duly authorized.

                                      KEYSTONE CONSOLIDATED INDUSTRIES, INC.
                                             DEFERRED INCENTIVE PLAN

                                   By: ADMINISTRATIVE COMMITTEE OF THE
                                       KEYSTONE CONSOLIDATED INDUSTRIES, INC.
                                       DEFERRED INCENTIVE PLAN


                                   By: /s/ Bert E. Downing, Jr.
                                       -----------------------------------
                                       Bert E. Downing, Jr.
                                       Committee Member


June 30, 2003







<PAGE>









Report of Independent Auditors

To the Participants and Administrator of
Keystone Consolidated Industries, Inc. Deferred Incentive Plan


In our opinion, the accompanying statements of net assets available for benefits
and the  related  statement  of  changes in net assets  available  for  benefits
present fairly, in all material respects,  the net assets available for benefits
of Keystone Consolidated  Industries,  Inc. Deferred Incentive Plan (the "Plan")
at December  31,  2001 and 2002,  and the  changes in net assets  available  for
benefits for the year ended  December  31, 2002 in  conformity  with  accounting
principles  generally accepted in the United States of America.  These financial
statements are the responsibility of the Plan's  management;  our responsibility
is to express an opinion on these financial  statements based on our audits.  We
conducted our audits of these  statements in accordance with auditing  standards
generally  accepted in the United  States of America  which require that we plan
and perform the audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement.  An audit includes examining, on a
test basis,  evidence  supporting  the amounts and  disclosures in the financial
statements,  assessing the accounting  principles used and significant estimates
made by management, and evaluating the overall financial statement presentation.
We believe that our audits provide a reasonable basis for our opinion.

Our audits  were  conducted  for the  purpose of forming an opinion on the basic
financial statements taken as a whole. The supplemental  schedule of Schedule of
Assets (Held at End of Year) is presented for the purpose of additional analysis
and  is  not  a  required  part  of  the  basic  financial   statements  but  is
supplementary  information  required  by the  Department  of  Labor's  Rules and
Regulations for Reporting and Disclosure  under the Employee  Retirement  Income
Security Act of 1974. This  supplemental  schedule is the  responsibility of the
Plan's management.  The supplemental schedule has been subjected to the auditing
procedures  applied in the audits of the basic financial  statements and, in our
opinion,  is fairly  stated in all  material  respects  in relation to the basic
financial statements taken as a whole.








Dallas, Texas
June 23, 2003




<PAGE>

         KEYSTONE CONSOLIDATED INDUSTRIES, INC. DEFERRED INCENTIVE PLAN

                 STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS

                           December 31, 2001 and 2002



<TABLE>
<CAPTION>
                                                        2001             2002
                                                        ----             ----

Net assets available for benefits:

<S>                                                 <C>              <C>
Investments ..................................      $26,520,639      $21,665,630
Employer contribution receivable .............           23,600           19,500
Participant contributions receivable .........           38,349           37,606
                                                    -----------      -----------

                                                    $26,582,588      $21,722,736
                                                    ===========      ===========
</TABLE>




<PAGE>


         KEYSTONE CONSOLIDATED INDUSTRIES, INC. DEFERRED INCENTIVE PLAN

            STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS

                          Year ended December 31, 2002



<TABLE>
<CAPTION>
Additions:
<S>                                                                <C>
  Investment income - Interest and dividends ................      $    585,918
                                                                   ------------

  Contributions:
    Employer ................................................            19,500
    Participants ............................................         1,244,911
                                                                   ------------
                                                                      1,264,411

      Total additions .......................................         1,850,329
                                                                   ------------

Deductions:
  Net depreciation in fair value of investments .............         4,415,839
  Benefits to participants ..................................         2,293,351
  Administrative expenses ...................................               991
                                                                   ------------

      Total deductions ......................................         6,710,181
                                                                   ------------

Net decrease in net assets available for benefits ...........        (4,859,852)

Net assets available for benefits:
  December 31, 2001 .........................................        26,582,588
                                                                   ------------

  December 31, 2002 .........................................      $ 21,722,736
                                                                   ============
</TABLE>







<PAGE>
         KEYSTONE CONSOLIDATED INDUSTRIES, INC. DEFERRED INCENTIVE PLAN

                          NOTES TO FINANCIAL STATEMENTS



Note 1 - Description of Plan and significant accounting policies

     General. The following description of the Keystone Consolidated Industries,
Inc.  Deferred  Incentive Plan (the "Plan")  provides only general  information.
Participants should refer to the Plan agreement for a more complete  description
of the Plan's provisions.

     The Plan is a defined  contribution  plan in which  eligible  employees  of
Keystone  Consolidated   Industries,   Inc.  and  certain  of  its  subsidiaries
("Keystone" or the  "Employer")  who have at least one year of eligible  service
and are at least 21 years old may elect to participate.  The Plan is a qualified
cash or deferred  profit-sharing  plan under  Sections  401(a) and 401(k) of the
Internal  Revenue Code of 1986, as amended (the  "Code"),  and is subject to the
provisions of the Employee  Retirement  Income  Security Act of 1974, as amended
("ERISA").

     Contran Corporation ("Contran") and other entities related to Mr. Harold C.
Simmons  beneficially own  approximately  50% of Keystone.  Substantially all of
Contran's outstanding voting stock is held by trusts established for the benefit
of certain children and  grandchildren  of Mr. Simmons,  of which Mr. Simmons is
sole  trustee.  Keystone  may be  deemed to be  controlled  by  Contran  and Mr.
Simmons.  In  addition,  Contran  owns  54,956  shares of the  59,399  shares of
Keystone's  Reedeemable Series A Preferred Stock. Effective March 15, 2003, each
share of series A Preferred Stock is  Convertible,  at the option of the holder,
into 250 shares of Keystone's common stock.

     Contributions.  The Plan permits  participants to defer 1% to 100% of their
pre-tax  annual  compensation  as  contributions,  not to exceed a  deferral  of
$11,000  in 2002  (subject  to  adjustment  in future  years),  through  payroll
deductions.  Beginning January 1, 2002, participants who will be at least age 50
by the end of the Plan year may elect to make "catch-up"  contributions,  not to
exceed an  additional  deferral  of $1,000 in 2002  (subject to  adjustments  in
future years) through payroll  deductions.  At its discretion,  the Employer may
contribute  cash or  shares  of  Keystone  common  stock to the Plan  based on a
matching or other formula.  The Employer's cash  contributions  are allocated to
participants'  accounts  on a  percentage  or  matching  basis  relative  to the
participants'  contributions  for the  year.  The  Employer's  contributions  of
Keystone common stock are allocated to the respective  participants' accounts in
the Keystone  Restricted Stock Fund. The Employer's  contribution is reduced, as
provided  by the Plan,  by  nonvested  amounts  forfeited  by  participants  who
withdraw  from the Plan.  At December 31, 2001 and 2002,  unallocated  forfeited
nonvested accounts were $24,872 and $26,091  respectively.  The Employer may use
forfeited nonvested accounts to reduce Employer  contributions in the fifth year
following  the plan year of  forfeiture.  There was no  allocation  of forfeited
nonvested  accounts to participant  accounts  during the year ended December 31,
2002.

     Vesting and benefits.  Salary deferrals  (including  earnings  thereon) are
immediately  vested while Employer  contributions  (including  earnings thereon)
vest at the rate of 20% per year of service, as defined.

     Upon  termination  of  employment,   retirement,  death  or  disability,  a
participant  (or  beneficiary,  if applicable) may elect to receive either (i) a
lump sum amount equal to the vested value of the participant's  accounts or (ii)
installments  over a period of not more than 30 years.  With the  consent of the
Plan  administrators,  participants can borrow amounts from their vested account
balances, subject to certain limitations under the Plan.

     Benefits are recorded when paid.

     Participants'  accounts.  The Plan  currently  provides  participants  with
options to invest  account  balances in  publicly-traded  registered  investment
companies or pooled funds administered by Putnam  Investments,  as well as three
other  publicly-traded  mutual funds administered by companies other than Putnam
Investments.  Participants can direct the Plan  administrator to invest,  in 10%
increments,  such account balances in any of the Plan's investment fund options.
Employer  contributions  of shares of Keystone  common  stock are  allocated  to
participant accounts through the "Keystone Restricted Stock Fund." Below are the
investment fund options available to participants at December 31, 2002:

     Putnam  Voyager Fund - Seeks  capital  appreciation.  Invests  primarily in
     common stocks.

     Putnam Vista Fund - Seeks capital appreciation. Invests primarily in common
     stocks.

     Putnam OTC and Emerging Growth Fund - Seeks capital  appreciation.  Invests
     primarily  in common  stocks  of small to  medium-sized  "emerging  growth"
     companies traded in the over-the-counter ("OTC") market.

     The George  Putnam Fund of Boston - Seeks to provide a balanced  investment
     which will  produce both capital  growth and current  income.  Invests in a
     diversified group of stocks and bonds.

     PIMCO  Total  Return  Fund  -  Seeks  maximum   current  income  and  price
     appreciation. Invests in intermediate maturity fixed-income securities from
     all major sectors of the bond market.

     UAM ICM Small  Company  Portfolio  Fund - Seeks  maximum,  long-term  total
     return. Invests in common stocks of smaller to midsize companies.

     Putnam  Stable  Value Fund - This pooled fund seeks  stable  principal  and
     relatively   high  current  income.   Invests   primarily  in  high-quality
     fixed-income investments.

     Putnam  Asset   Allocation   Fund  -  Growth   Portfolio  -  Seeks  capital
     appreciation. Invests in both stocks and bonds.

     Putnam Asset  Allocation  Fund - Balanced  Portfolio - Seeks total  return.
     Invests in both stocks and bonds.

     Putnam Asset Allocation Fund - Conservative  Portfolio - Seeks total return
     with preservation of capital. Invests in both stocks and bonds.

     Putnam S&P 500 Index Fund - Seeks to mirror the performance and composition
     of Standard & Poor's 500 Composite Index.

     Equity Income Fund - Seeks to provide current income by investing primarily
     in a diversified portfolio of income producing equity securities.

     Putnam International Growth Fund - Seeks capital  appreciation.  Invests in
     growth and value stocks outside of the United States.

     Managers  Special  Equity  Fund  -  Seeks  capital   appreciation   through
     investment  primarily in the equity  securities of a  diversified  group of
     companies  expected to have  superior  earnings and growth  potential.  The
     fund's  investments  will tend to be in the securities of companies  having
     small to medium market capitalizations.

     The above fund descriptions provide only general information.  Participants
should refer to the Prospectus of each fund for a more complete description.

     Each participant's account is credited with the participant's  contribution
and an allocation of the Employer's  contribution and Plan earnings, and charged
with  an  allocation  of  administrative  expenses.  Allocations  are  based  on
participant earnings, matching or account balances, as defined in the Plan.

     During 1988, in  connection  with a rights  offering of  Keystone's  common
stock,  certain  participants  were  permitted  to direct part of their  account
balance  into  an  investment  in   Keystone's   common  stock  (the   "Keystone
Unrestricted Stock Fund").

     In  addition  to the  Plan's  investment  fund  options,  a "Loan  Fund" is
maintained to account for loans to participants, as permitted by the Plan. These
loans,  which are  secured by the  balance in the  participant's  account,  bear
interest at rates ranging from 5.25% to 10.50% and mature through 2031.

     Plan termination.  The Employer has the right under the Plan to discontinue
its  contributions at any time and to terminate the Plan, in compliance with the
provisions of ERISA.  In the event the Plan is  terminated,  the accounts of all
participants would become fully vested.

     Basis of accounting.  The financial  statements of the Plan are prepared in
accordance with accounting principles generally accepted in the United States of
America. Valuation of investments is more fully described in Note 2.

     Expenses of administering the Plan. To the extent not paid by the Employer,
administrative  expenses are paid by the Plan.  The Employer  paid a significant
portion of 2002 administrative expenses.

     Management estimates. The preparation of the Plan's financial statements in
conformity with accounting principles generally accepted in the United States of
America  requires  the plan  administrator  to make  significant  estimates  and
assumptions  that  affect  the  reported  amounts of net  assets  available  for
benefits at the date of the financial  statements  and the changes in net assets
available for benefits during the reporting period and disclosures of contingent
assets and liabilities at the date of the financial  statements.  Actual results
may, in some instances, differ from previously estimated amounts.

     Risks and  uncertainties.  The Plan provides for various investment options
in a variety of stocks, bonds, fixed income securities,  mutual funds, and other
investment securities.  Investment securities are exposed to various risks, such
as interest rate,  market, and credit risks. Due to the level of risk associated
with certain  investment  securities,  it is at least  reasonably  possible that
changes in the values of investment  securities  will occur in the near term and
that such changes could materially affect participants' account balances and the
amounts reported in the Plan's statement of net assets available for benefits.

     Tax status. The Plan has been notified by the Internal Revenue Service that
it is a qualified  plan under Section  401(a) and Section 401(k) of the Internal
Revenue Code (the  "Code"),  and is therefore  exempt from federal  income taxes
under provisions of Section 501(a) of the Code.

     The Plan has been amended since it was notified of its exempt status by the
Internal Revenue Service. Management believes the Plan currently is designed and
operates  in  accordance  with  the  applicable  requirements  of the  Code  and
therefore  remains exempt from federal income taxes under  provisions of Section
501(a) of the Code.


Note 2 - Investments

     General.  The  assets  of the  Plan are  held  and the  related  investment
transactions  are  executed by Putnam  Fiduciary  Trust  Company as trustee (the
"Trustee")  of the  Keystone  Master  Deferred  Incentive  Trust (the  "Keystone
Trust").  The Keystone Trust  currently  invests in  publicly-traded  registered
investment  companies or pooled funds administered by Putnam Investments as well
as three other publicly-traded mutual funds administered by companies other than
Putman Investments (see Note 1). The Plan's investments are stated at fair value
based on quoted market prices and net  depreciation for the year is reflected in
the Plan's statement of changes in net assets  available for plan benefits.  The
net   depreciation   consists  of  realized   gains  or  losses  and  unrealized
appreciation or depreciation on investments.

     Investments that individually represent 5% or more of the Plan's net assets
at year end are as follows:

<TABLE>
<CAPTION>
                                                          December 31,
                                                    2001                 2002
                                                    ----                 ----

Putnam Funds:
<S>                                              <C>                  <C>
  Voyager ............................           $7,976,060           $5,391,421
  Stable Value .......................           $5,845,961           $5,880,263
  Vista ..............................           $5,641,942           $3,132,554
PIMCO Total Return ...................           $2,149,065           $2,380,223
</TABLE>


Note 3 -  Non-participant-directed investments

     Information  about the net assets,  and the  significant  components of the
changes in such net assets, relating to non-participant-directed  investments is
as follows:

<TABLE>
<CAPTION>
                                                             December 31,
                                                         2001             2002
                                                         ----             ----

Net assets available for benefits
<S>                                                    <C>              <C>
- Keystone Restricted Stock ..................         $214,984         $163,022
                                                       ========         ========
</TABLE>

<TABLE>
<CAPTION>
                                                                       Year ended
                                                                    December 31, 2002

Changes in net assets available for benefits
- Keystone Restricted Stock

<S>                                                                    <C>
Net depreciation in fair value of investments .................        $(35,979)
Benefits to participants ......................................         (14,689)
Transfers .....................................................          (1,399)
Investment income .............................................             105
                                                                       --------

Net decrease in net assets available for
  benefits ....................................................        $(51,962)
                                                                       ========
</TABLE>



<PAGE>


         KEYSTONE CONSOLIDATED INDUSTRIES, INC. DEFERRED INCENTIVE PLAN

         Schedule H, Line 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)

                                December 31, 2002



<TABLE>
<CAPTION>
                                                                           Fair
                                                                           value
                                                                          ($000s)

*Putnam Funds:
<S>                                                                      <C>
  Stable Value .................................................         $ 5,880
  Voyager ......................................................           5,391
  Vista ........................................................           3,133
  George Putnam Fund of Boston .................................             831
  Equity Income ................................................             773
  International Growth .........................................             477
  OTC and Emerging Growth ......................................             393
  S&P 500 Index ................................................             341
  Asset Allocation - Conservative Portfolio ....................             311
  Asset Allocation - Balanced Portfolio ........................             143
  Asset Allocation - Growth Portfolio ..........................              93
*PIMCO Total Return ............................................           2,380
*UAM ICM Small Company Portfolio ...............................             606
*Managers Special Equity Fund ..................................              99
*Keystone Restricted Stock .....................................             163
*Keystone Unrestricted Stock Fund ..............................              14
*Loans to participants (5.25% - 10.50%;
   mature through 2031) ........................................             638
                                                                         -------

                                                                         $21,666
                                                                         =======
</TABLE>




*    Party in interest.






<PAGE>


















                                                                      Exhibit I


                         CONSENT OF INDEPENDENT AUDITORS


We  hereby  consent  to the  incorporation  by  reference  in  the  Registration
Statement on Form S-8 (File No. 333-71441) of Keystone Consolidated  Industries,
Inc. of our report dated June 23, 2003, relating to the financial  statements of
the Keystone  Consolidated  Industries,  Inc.  Deferred  Incentive  Plan,  which
appears in this Form 11-K.







PricewaterhouseCoopers LLP
Dallas, Texas
June 27, 2003


<PAGE>


                                                                  EXHIBIT II


                            CERTIFICATION PURSUANT TO
                             18 U.S.C. SECTION 1350,
                             AS ADOPTED PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002


In connection with the Annual Report of Keystone Consolidated  Industries,  Inc.
(the  Company) on Form 11-K for the year ending  December 31, 2002 as filed with
the  Securities  and Exchange  Commission on the date hereof (the  Report),  the
undersigned hereby certify,  pursuant to 18 U.S.C. ss. 1350, as adopted pursuant
to ss. 906 of the Sarbanes-Oxley Act of 2002, that:

     (1)  The Report fully  complies with the  requirements  of Section 13(a) or
          15(d) of the Securities Exchange Act of 1934; and

     (2)  The  information  contained  in the  Report  fairly  presents,  in all
          material respects, the financial condition and result of operations of
          the Company.


/s/  David L. Cheek
-------------------------------------
David L. Cheek
President and Chief Executive Officer
(Chief Executive Officer)
June 30, 2003



/s/  Bert E. Downing, Jr.
--------------------------------------

Bert E. Downing, Jr.
Vice President, Chief Financial Officer,
Corporate Controller and Treasurer
(Chief Financial Officer)
June 30, 2003