The invention provides a vertical mill inlet shared induction device, which consists of a fixing bracket, a guide body, an upper supporting arm, a lower supporting arm, a guide roller, a guide roller opening adjusting mechanism and a guide body horizontal movement mechanism, wherein the billet moves in a space formed by the upper and lower supporting arms and a side baffle, is guided by the guide roller and the side baffle and is correctly engaged with a rolling mill; when the milling specification is changed, an adjusting handle is rotated, the upper supporting arm drives the upper guide roller to lift to meet the novel specification requirement; the supporting arm stretches into two rollers on an inner frame, the guide plate body moves backwards in the process of replacing the rollers, and the supporting arms and the guide rollers retract the rollers and the arch of the inner frame; and therefore, the guide device is not required to be replaced in the process of replacing the rollers, the roller replacing time can be obviously shortened, the operate rate of the rolling mill is improved, the service life of the guide device is greatly prolonged, the storage and consumption of spare parts are reduced, and the production cost is reduced; and meanwhile, the scratch defect on the surface of a rolled piece can be overcome, and the quality of the finished rolled product is improved.