price of steel pipe

celticboy

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Joined
Nov 9, 2011
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Dear all

I am trying to work out the cost of some steel pipe. The steel pipe in question is about 40 foot long is 9 5/8 inch wide and it weighs about 40 pounds per foot. The price in metric tonnes is about $1,400 but I need the price per metre the sum that I think I need is to divide 1,400 by 2204.62 (which is how many pounds in a metric ton) and then multiply by 40 ( pounds per foot) this give me a price of $25.40 which I then need to multiply by 3.281 to get the price per metre which gives me, 83.33 which does sound reasonable.

However, I have noticed that if I take 83.33 and try to work out the price per metric ton then its not the same. For example, the sum that I think I need is to multiply 83.33 with 3.281 then multiply by 2204.62 then divide by pounds per foot which in this case is 40 - well that gives me 15068 - however this cannot be right as its not the 1400 I started with. Can someone please advise me as to where I am going wrong because obviously somewhere along the line I have made a big mistake but im not sure if its with the first sum or the second.


Many Thanks
 
Dear all

I am trying to work out the cost of some steel pipe. The steel pipe in question is about 40 foot long is 9 5/8 inch wide and it weighs about 40 pounds per foot. The price in metric tonnes is about $1,400 but I need the price per metre the sum that I think I need is to divide 1,400 by 2204.62 (which is how many pounds in a metric ton) and then multiply by 40 ( pounds per foot) this give me a price of $25.40 which I then need to multiply by 3.281 to get the price per metre which gives me, 83.33 which does sound reasonable.

However, I have noticed that if I take 83.33 and try to work out the price per metric ton then its not the same. For example, the sum that I think I need is to multiply 83.33 with 3.281 then multiply by 2204.62 then divide by pounds per foot which in this case is 40 - well that gives me 15068 - however this cannot be right as its not the 1400 I started with. Can someone please advise me as to where I am going wrong because obviously somewhere along the line I have made a big mistake but im not sure if its with the first sum or the second.


Many Thanks

1 metric ton = 1000 kg = 2204.62 lbs

foot/(metric ton) = 2204.62/40 = 55.115

price/ft = 1400/55.115 = $ 25.40

price/meter = 25.40 * 3.28 = 83.34

Your backward calculation is incorrect.

You need to divide - 83.34 by 3.28 while going backward.
 
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