Chatter vibration of a rolling machine in steel plants has a significant effect on thickness quality of the products. The cause and mechanism of the mill chattering is addressed through measurement of vibration and dynamic torque. An FFT system and an FM telemetry system are employed to collect data at several locations of possible damages. The results reveal the followings as sources of the mill vibration. The first is defects in roller bearings of a work roll chock. The second is instability of an oil film bearing in a backup roll chock, which has been investigated with a theoretical model describing the phenomenon. Dynamic torque is not the direct cause of mill vibration but rather influenced by the vibration. Appropriate treatment methods are suggested to address each of the above sources.