I think a cartesian gantry robot is going to make way more sense than an arm for loading. 3m of 75mm round bar only weighs about 230 pounds, but it's long and spindly. A standard six axis robot is going to want to grab it in the middle to minimize torque. It then has to line up the end 1.5m away with whatever you want it to go into. Keep in mind that the natural frequency of the beam, even if you can hold it completely rigidly, is about 1Hz.
A gantry built with modular off-the-shelf parts would handle it very easily. I'll use lathe coordinates for this explanation. Let's say your material rack is left-aligned. Robot gantry runs in Y, trolley runs in Z. The left gripper is fixed to the trolley. The right gripper is on a Z' axis (on the trolley) to allow it to adjust to pick up different length bars. Z' is cheap and easy, because you don't care at all about accuracy (+-1" would be fine); belt drive actuator maybe.
You rack your material flat. With a six minute cycle time, you need about a four or five foot wide infeed/outfeed table to store an hour's worth of production. If you want longer, you either make the table wider and do drawers.
Cell controller tells the robot how long the part is, it adjusts Z', picks up the part and loads it into the lathe for turning. Once that's done the robot picks it up and loads it into the drilling machine*. When that's done, it goes back into the same slot in the rack, maybe with a quick stop at a laser engraver to put the part number, etc on one end. The laser obviously isn't necessary, I've just always liked machines that do this, it eliminates a lot of screwups later down the line.
I'm with EmGo on the lathe not being the correct machine for drilling the hole if you've already done the turning work. A 2m lathe is almost 5m long, so a machine to hold a 3m piece steady while it drills the end isn't going to be any longer. You can securely clamp the part at both ends without needing 3-jaw chucks, steady-rests, etc.
I'm not sure how you're getting the blanks into the cell and the finished parts out; I assume on carts. The gantry loader will be happy to load/unload from the cart to the feed table for you, so it covers the material handling for the cell as well.