Abstract: The severing apparatus comprises a horizontal frame, a first pair of a lower stationary die and an upper swinging die, and a second pair of a lower movable die and an upper movable and swinging die. Each die is formed with a semicircular recess for receiving a billet. The first and second pairs are juxtaposed on the horizontal frame in the axial direction of the recesses. The second pair is slidable with respect to the first pair in the horizontal direction perpendicular to the axial direction of the recesses for severing the billet. The upper swinging die of the first pair and the upper movable and swinging die of the second pair are swung with respect to the lower stationary die and the lower movable die for receiving the billet.