Well, these are indeed good questions and not all of us are blessed (or cursed) with over four decades in the pipe and steel business. Furthermore, with the wildly fluctuating steel prices these days, and the fact that steel is still by far the best way to fence livestock, it is very important to understand what you are buying. It is also very important not to waste money by over killing your needs. So when I was asked to write this article, I was happy to do it. Maybe it will save me a few hours on the telephone. So let’s break it down.
New vs. Used
Let me tell you up front, I’m biased and I don’t have a lot of good things to say about used pipe. Now I’m not saying all used pipe is a bad buy, I’m just saying that MOST used pipe is a bad buy. Let me count the ways. First of all, the used oilfield pipe available for the fence market is pipe that is deemed no longer fit to be used in the oil patch. With the high oil prices and the pipe shortages, believe me, they (the oil operators) are wearing it out before they sell it off as structural.
New Pipe
PIPE STANDARDS AND SPECIFICATIONS
Both institutions allow for a plus zero, minus 12% tolerance when it comes to the standards for the wall thickness on pipe. When referring to a size of pipe, it is called “nominal”. The term “nominal” describes all the specifications that go with it. It is a term that has pretty much been dropped out of the vocabulary when describing pipe, but you see it on most pipe charts and will hear a lot of old timers still using it.
NOMINAL VS. ACTUAL
First of all, any pipe where the wall thickness is described by a “schedule” falls under the ASTM standards, which are all “nominal”. So, 2” nominal schedule 40 pipe actually has an outside diameter of 2 3/8”, and the maximum wall thickness is .154” with a 12% tolerance. Ah ha! Here is where it effects your price and where unscrupulous dealers take advantage of the uninformed public.
THE RIP OFF
At full specs, the 2 3/8” OD pipe with a .154” wall thickness will weigh 3.65 lbs. per foot. However, the same pipe with a wall thickness of .135” will weigh only 3.23 lbs. per foot.
Have you figured it out yet? Why dealers buy it by the pound, but sell it by the foot? Here’s a hypothetical situation. You call two different pipe dealers and ask for a price on 2 3/8” Schedule 40 pipe. Dealer A gives you a price of $2.31 per foot, and Dealer B gives you a price of $2.40 per foot. Who do you buy from, Dealer A or Dealer B? Most people will select Dealer A, right? An uninformed person would select A for sure, but an informed person would ask “what is your guaranteed minimum wall?” Let’s take a look:
Dealer A’s pipe was barely within tolerance to call it Schedule 40 so it weighs 3.23 lbs. per foot. Dealer B’s pipe is schedule 40 but they have a .150” minimum wall thickness. So it weighs 3.56 lbs. per foot. The difference is .33 lbs. per foot. More steel equals stronger and will last longer.
COST PER LB. VS COST PER FOOT
Dealer A’s pipe, with 3.23 lbs. of steel per ft. converts to a cost of $2.10 per ft. plus profit when he sells it.
Dealer B’s pipe, with 3.56 lbs. of steel per ft., converts to a cost of $2.31 per ft. plus profit when he sells it.
Remember,
A quoted you $2.30 per foot for a profit of $0.20 per ft. (You pay $0.71 per pound.)
B quoted you $2.40 per foot for a profit of $0.09 per ft. (You pay $0.67 per pound.)
Now, as an informed buyer, you would select Dealer B of course.
DO DEALERS TAKE ADVANTAGE OF BUYING BY THE POUND THEN SELLING BY THE FOOT?
You better believe it!!!
Those dealers consider themselves smart for “playing the tolerance”. We call it dishonest. By selling pipe that is barely within tolerance, they have a distinct advantage over dealers, like GoBob, that are trying to provide high quality products. We will always specify the MINIMUM wall thickness. If they don’t say “minimum” wall thickness, you can bet your booty they are playing the tolerance game, and the actual wall thickness is about 12% under what they say it is. For example:
A .120 wall will be more like .106”
A .154” wall will be more like .135”
A .188 wall will be more like .165”
IT’S KINDA LIKE BUYING A DOZEN EGGS, BUT WHEN YOU OPEN THE CARTON, THERE’S ONLY 10 EGGS IN IT!
You should also know that foreign mills are the big culprits of making pipe at, or even a little under tolerance and they usually get away with it. When was the last time you took your ball anvil micrometer and checked your pipe? Probably never! Mexican mills are the worst with China right behind. Remember, The API and the ASTM are AMERICAN institutions. Mexican and Chinese mills could care less if they are caught cheating. They are free to set their own standards, and most dealers are happy to call the pipe what the mill called it, then plead ignorance if they are caught.
LUCKY FOR YOU, A COUPLE OF QUESTIONS WILL HELP YOU COMPARE APPLES TO APPLES.
1. Where was this pipe made? Be cautious if it is foreign. If it’s Mexico or China, hang up.
2. What is the ACTUAL wall thickness? If they don’t know, hang up.
3. Avoid the hassle and just call GoBob. 1-877-851-2365
THE END
Well, I could tell you a lot more but I’m tired of typing and sharing all my wonderful knowledge for free. Just kidding on the sharing knowledge part, but the two finger “hunt and peck” typing is the truth. It is, however, a lot easier for me to talk. And I love to talk about pipe, steel , horses and cattle. There’s other folks that like to talk, so if I’m already on the phone, bend their ears. Hope this helps ya!
Bob Studebaker and all the folks at GoBob Pipe.