231116B-01 bid format is $/NT enter your best and final offer for the lot described below.

IMPORTANT: This lot is stored at 4 different facilities; the awarded Buyer is responsible for picking up all of the pipe described below.

IMPORTANT: The line item inventory states tubing as Plain End; however, after field inspection, it appears some joints have connections. Buyers are encouraged to go inspect and/or review the high-resolution pictures.

Correction: Lot revision 10:20 AM CT 2/6/2024 - Previous total weight 113.89 Net Tons, revised total weight 148.81 Net Tons.

Texas Steel address: 3101 Holmes Rd., Houston, TX, 77051
Tubing, 2-3/8”, 0.190WT, 4.44#, Mill Secondary, PE, BORUSAN, ERW, 179jts, R-2, 5,907.0’, 13.11 Net Tons
Texas Steel Total Theoretical Weight: 13.11 Net Tons

Splendora Pipe address: 26670 Midline Road, Cleveland, TX, 77328
Tubing, 2-3/8”, 0.190WT, 4.44#, Mill Secondary, PE, BORUSAN, ERW, 157jts, R-2, 5,181.0’, 11.50 Net Tons
Tubing, 2-7/8”, 0.217WT, 6.17#, Mill Secondary, PE, BORUSAN, ERW, 548jts, R-2, 18,084.0’, 55.79 Net Tons
Splendora Pipe Total Theoretical Weight: 67.29 Net Tons

TSI Bear Bayou address: 1212 Sheldon, Channelview, TX, 77530
Tubing, 2-3/8”, 0.190WT, 4.44#, Mill Secondary, PE, BORUSAN, ERW, 487jts, R-2, 16,071.0’, 35.68 Net Tons (Located at TSI Bear Bayou)
Tubing, 2-7/8”, 0.217WT, 6.17#, Mill Secondary, PE, BORUSAN, ERW, 30jts, R-2, 990.0’, 3.05 Net Tons
TSI Bear Bayou Total Theoretical Weight: 38.73 Net Tons

TSI McCarty address: 1010 McCarty St., Houston, TX, 77029
Tubing, 2-3/8”, 0.190WT, 4.44#, Mill Secondary, PE, BORUSAN, ERW, 205jts, R-2, 6,765.0’, 15.02 Net Tons
Tubing, 2-7/8”, 0.217WT, 6.17#, Mill Secondary, PE, BORUSAN, ERW, 144jts, R-2, 4,752.0’, 14.66 Net Tons
TSI McCarty Total Theoretical Weight: 29.68 Net Tons

Total Lot 231116B-01 Theoretical Weight: 148.81 Net Tons

IMPORTANT – Lot 231116B-01 STATED RESERVE IS $600.00 per Net Ton

Lot Terms

General Terms

LOADOUT REQUIREMENTS: 
Buyer must complete removal within 21 calendar days from the Pipe Market Invoice date.

Texas Steel: This lot will be loaded onto the Buyer's truck free of charge during normal business hours. The Buyer is responsible for securing the load and all transportation costs. Buyer trucks must have 4-4ft pipe stakes and provide loading supplies: 12-15 pcs of dunnage (4x4’s, 2x4's), stripping, chocks, and hammer/nails. Buyer truck driver must provide Pipe Market Release to pipe yard at time of pickup. Hours of operation: Monday-Friday 7:00 AM- 4:00 PM, Loading is first come first serve. Truck Driver must sign in upon arrival. PPE: All visitors, whether for pickup or inspection, must wear a mask, long pants, reflective vest, hard hat, safety glasses, gloves and steel toes.

Splendora: This lot will be loaded onto the Buyer's truck free of charge, if scheduled 24 hours in advance. The Buyer is responsible for securing the load and all transportation costs. Buyer trucks must have 4ft pipe stakes and provide loading supplies: dunnage (4x4’s, 2x4's), stripping, chocks, and hammer/nails. Buyer truck driver must provide Pipe Market Release to pipe yard at time of pickup. Hours of operation: Monday-Thursday 7:00 AM- 4:00 PM, Friday 7:00 AM – 3:00 PM. Loading is by appointment only, Buyer must schedule loading 24 hours in advance. PPE: All visitors, whether for pickup or inspection, must wear a mask, long pants, reflective vest, hard hat, safety glasses, gloves and steel toes.

TSI Bear Bayou: This lot will be loaded onto the Buyer's truck free of charge, if scheduled 72 hours in advance. The Buyer is responsible for securing the load and all transportation costs. Buyer trucks must have 4ft pipe stakes and provide loading supplies: dunnage (4x4’s, 2x4's), stripping, chocks, and hammer/nails. Buyer truck driver must provide Pipe Market Release to pipe yard at time of pickup. Hours of operation: Monday-Friday 7:30 AM- 4:00 PM. Loading is by appointment only, Buyer must schedule loading 72 hours in advance.
PPE: All visitors, whether for pickup or inspection, must wear a mask, long pants, reflective vest, hard hat, safety glasses, gloves and steel toes.

TSI McCarty: This lot will be loaded onto the Buyer's truck free of charge during normal business hours. The Buyer is responsible for securing the load and all transportation costs. Buyer trucks must have 4-4ft pipe stakes and provide loading supplies: 12-15 pcs of dunnage (4x4’s, 2x4's), stripping, chocks, and hammer/nails. Buyer truck driver must provide Pipe Market Release to pipe yard at time of pickup. Hours of operation: Monday-Friday 7:00 AM- 4:00 PM, Loading is first come first serve. Truck Driver must sign in upon arrival. PPE: All visitors, whether for pickup or inspection, must wear a mask, long pants, reflective vest, hard hat, safety glasses, gloves and steel toes.

LOADOUT PROCESS:
All Buyer trucks must be weighed at a nearby weight station before entering the yard (Tare Weight) and must be weighed again at that same weight station after the material is loaded (Gross Weight). Both Tare Weight and Gross Weight tickets for each truckload need to be submitted to Pipe Market within 48 hours of all material being loadout out. The date on both Tare Weight and Gross Weight tickets for each truckload must be the same. Net Weight will be documented for each shipment (Gross Weight – Tare Weight = Net Weight). Total shipped Net Weight for each lot will be calculated and the Buyer will either receive a second invoice for a positive weight variance (surplus), or a refund for negative weight variance (deficit). The invoice amount or refund amount will be based solely on weight – not size/wall thickness.

All pipe is sold As-Is, Where-Is.

All winning Buyers will be invoiced at time of Seller award.

Payment: Wire transfer within 3 business days from invoice date.

Buyer’s Premium: 10% Buyer’s Premium will be added to the purchase price as bid.

Claim Period: Buyer’s must communicate discrepancies to support@pipemarket.com in writing within 2 business days from the removal date or removal deadline, whichever occurs first. Buyer’s need to reference the Pipe Market Lot # and provide documentation to support the claim (e.g. digital pictures, certified weight tickets).

Bidding Assistance: If you need help placing your online bids, please call 1-888-431-5665.