(d)      On January 6, 2005, Webco Industries, Inc. issued a press release announcing that its Board of Directors had unanimously approved the deregistration of Webco’s common stock and that it had filed a Form 15 with the Securities and Exchange Commission under the Securities Exchange Act of 1934 to effect the deregistration.  As a result of this filing, Webco's common stock will be delisted from the American Stock Exchange and Webco will cease filing periodic reports with the Securities and Exchange Commission effective immediately.  Webco also announced that it would not proceed with its previously announced proposal to effect a reverse stock split followed by a forward stock split, since the purpose of that transaction was to reduce the number of Webco's stockholders of record to fewer than 300 in order to deregister the common stock.   A copy of the January 6, 2005 press release is being filed as an Exhibit to this Form 8-K Report.    

Item 9.01  Financial Statements and Exhibits

    (c)      Exhibits

    99.1   Press Release dated January 6, 2005

SIGNATURES

        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.

                                                                             WEBCO INDUSTRIES, INC.

Dated: January 6, 2005                                               By: /s/ Michael P. Howard
                                                                                   Michael P. Howard
                                                                                   Vice President and
                                                                                   Chief Financial Officer