Abstract: Disclosed is a rolling unit (10) consisting of two roll stands (12, 14). The roll stands (12, 14) each have pairs of openings (24a) defined through a housing (24) to locate on each side of the pass line (PL), and a pair of eccentric members (26) each having an eccentric opening (26a) are rotatably inserted in these openings (24a), respectively, with a predetermined space being secured axially therebetween. A pair of roll shafts (28), on which rolls (13, 15) are fitted to be rotatable integrally therewith, respectively, are rotatably inserted through these eccentric openings (26a). A pair of adjusting shafts (32) are rotatably disposed in the housing (24). A pair of worms (34), which engage with toothed portions (26b) are fitted on each adjusting shaft (32) to be rotatable integrally therewith. A gear, which is engaged commonly with the adjusting shaft (32). The positions of the rolls (13) can be varied by rotating the adjusting gear via the eccentric members (26).