To provide a universal rolling mill in which maintenance is simplified, trouble is reduced and an installed space of a driving device is hardly restricted in addition to simple structure without necessitating a clutch and its actuator.

In this universal rolling mill having a opening and closing type yoke 9 and a driving device 10 for screwing down vertical rolls which is installed separately from this yoke 9, the yoke 9 is made in a swing opening/ closing type and its closing gear 11 is arranged, the input shaft and driving device 10 of a vertical roll screw-down device which are arranged on the yoke 9 are connected through a universal joint 1 having shaft couplings 1c, 1d on both sides of an intermediate shaft 1a and also the pivotally supporting part of the shaft coupling 1c on one side of this universal joint 1 is arranged on the extension of a connecting bolt which is the center point of swing of the yoke 9.