An apparatus to control lateral motion of a bar moving along a guidance path includes a pair of rotatable hubs each having at least first and second rollers at locations around the perimeter of the hub. The first roller has a first retaining groove of a first radius and the second roller has a second groove of a second radius smaller than the first radius. Each hub further includes at least one guiding element located between the rollers with a guide channel extending in the outer surface. A mounting system allows the hubs to be rotated between first and second positions. In the first position the first rollers oppose each other forming a guideway having a first, enlarged diameter for capturing a free end of an approaching bar. In the second position the second rollers form a second, smaller diameter to match the actual size of the bar.