Abstract: In the process of rolling a tubular billet with a mandrel is displaced in the rolling direction as it is simultaneously rotated about its longitudinal axis. Then a portion of the billet is advanced between the working rolls and is drawn over the mandrel during backward movement of the billet together with the mandrel. During forward movement of the billet with the mandrel, the billet is displaced relative to the mandrel in the same direction for a distance equal to that covered by the billet portion fed into the gap between the working rolls. The backward movement of the billet with the mandrel is effected at a speed substantially close to the peripheral speed of the working rolls at the starting moment of the drafting operation. The pilger mill comprises a stationary stand with continuously rotating working rolls. The mill also incorporates a billet feeding and turning mechanism and a billet gripping jaw kinematically linked with each other.