-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 CWa7EBoW9zXj+42wiFMwyZq4QAOxwiy4pYFC9mf/3CFAmj9AY8rDvMst8+CmRII3
 o9MHXdkpUcSlshlvf7Kn/g==

<SEC-DOCUMENT>0001005477-03-001708.txt : 20030529
<SEC-HEADER>0001005477-03-001708.hdr.sgml : 20030529
<ACCEPTANCE-DATETIME>20030528175248
ACCESSION NUMBER:		0001005477-03-001708
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030523
FILED AS OF DATE:		20030529

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:		551 ASPEN RIDGE DR
		CITY:			LAFAYETTE
		STATE:			CO
		ZIP:			80026
		BUSINESS PHONE:		3036655700

	MAIL ADDRESS:	
		STREET 1:		551 ASPEN RIDGE DR
		CITY:			LAFAYETTE
		STATE:			CO
		ZIP:			80026

	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:		03722232

	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>edgar123.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0101</schemaVersion>

    <documentType>4</documentType>
    <periodOfReport>2003-05-23</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>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
        <isDirector>0</isDirector>
        <isOfficer>1</isOfficer>
        <isTenPercentOwner>0</isTenPercentOwner>
        <isOther>0</isOther>
        <officerTitle>VP Sales and Marketing</officerTitle>
    </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeSecurity>
        <securityTitle>
            <value>Common Stock</value>
        </securityTitle>
        <transactionDate>
            <value>2003-05-23</value>
        </transactionDate>
    <transactionCoding>
        <transactionFormType>4</transactionFormType>
        <transactionCode>P</transactionCode>
        <equitySwapInvolved>0</equitySwapInvolved>
    </transactionCoding>
        <transactionAmounts>
            <transactionShares>
                <value>4600</value>
            </transactionShares>
            <transactionValue>
                <value>2.0500</value>
            </transactionValue>
            <transactionAcquiredDisposedCode>
                <value>A</value>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <postTransactionAmounts>
            <sharesOwnedFollowingTransaction>
                <value>17077</value>
                <footnoteId id="F1"/>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>
            <directOrIndirectOwnership>
                <value>D</value>
                <footnoteId id="F2"/>
            </directOrIndirectOwnership>
        </ownershipNature>
    </nonDerivativeSecurity>

    <footnotes>
        <footnote id="F1">Mr. Banker also holds 1,010 shares of Common Stock of Dynamic Materials Corporation indirectly through his spouse.</footnote>
        <footnote id="F2">Mr. Banker also has indirect holdings - see footnote 1 for more information.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/  John G. Banker</signatureName>
        <signatureDate>2003-05-27</signatureDate>
    </ownerSignature>

</ownershipDocument>

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