Surplus stock can be an unrealised revenue stream. Pipesales provides a safe and secure global marketplace where you can sell your excess tubulars, unlock their capital and reduce the costs related to storage and ongoing maintenance. In doing so, you’ll also be contributing to a more sustainable circular economy where buyers are able to source pre-made inventory in a timely manner, thereby reducing unnecessary tubular production.
The process
1. Setting up your listing
This is the first step towards selling your excess tubulars. Click on the Sell My Pipes button at the top of this page, and you’ll be presented with an enquiry form where we will ask you for some information about the inventory you would like to sell.
2. Listing details
In the enquiry form, we’ll request details about the type of pipe you are selling, the quantity, its condition and where it is located. This information will be used to create your sales listing and will make it easier for buyers to find your inventory when they search and filter for relevant results on our global online marketplace. Because of this, it’s important to make sure that the information is accurate and expressed clearly.
3. Validating your listing
Your local Marubeni-Itochu Steel Inc (MI) agent will reach out and validate your listing by confirming the details, providing pricing recommendations to determine a fair open market value, and agreeing on a selling price and the terms of the sale.
Your agent will then upload the listing to Pipesales. This will make your excess inventory available globally to buyers looking to meet just-in-time supply needs and address urgent inventory shortages.
When someone buys your inventory, The MI global network facilitates the transaction by providing quality assurance, ensuring secure payments and organising logistical arrangements. The whole process is safe, reliable and hassle-free.
4. Material certificates, photography and inspection reports
When buyers are looking to make a purchase, they’ll likely compare multiple listings to try and find the product that best meets their needs while also satisfying their budget. If you want to sell your pipes faster, a great way to stand out from other sellers is to provide material certificates, photographs and inspection reports for your inventory. These can then be attached to your listing, which increases buyer confidence.
Target zero inventory today, work with MI’s trusted global network and increase the cost-effectiveness of your inventory management by selling your surplus pipes.