Dear Friend,
We never use ultimate Tensile Strength for wall thickness calculation. But we use the minimum Yield Strength of 483 MPa (70,000 psi).
But I think you are looking at the wrong place for the design of your Pipeline.
You should use :
- ASME B31.3 for process piping
- ASME B31.4 for liquid pipelines
- ASME B31.8 for gas pipelines (Appendix D gives the right values to use for Yield Strength for various grades)
I hope this helps






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