Multifunctional rolling stand (10) and relative method of use, suitable for rolling /forging large plates, large blooms, large round pieces and other large-size semi-worked products, for example ingots or similar products. The compression force can reach up to about 6000 tonnes in the case of ingots, depending on the type of product being worked and on the reduction ratio to be obtained. Thanks to these high forces in play, which allow to obtain compressions comprised between 100 and 150 mm, the rolling stand (10) according to the present invention is similar to a forge so that the internal porosities of the product are eliminated.