Greg:
Twin-wall pipes, often called "laminated" pipes, are quite reasonable in price in North America, and have been in OEM use for quite a number of years. Here at least they're produced by simultaneously feeding two separate strips of steel into a tube mill, the inner tube strip being of course slightly narrower than the outer, and welding the two together in a single common weld seam. I've seen this done using the slower TIG welding process, and have heard of it being done with high-frequency welding as well.
This construction doesn't give much thermal benefit, not like air-gap pipes, but is far better at reducing noise, since the friction between inner and outer layers creates a very "dead" pipe.
Since there's little if any increased fabricating cost, and the inner and outer layers are typically spec'd at a much-reduced wall-thickness, there is very little increased cost compared to a homogeneous pipe, and certainly little cost compared to the NVH benefits.
I personally initiated the design and release of exhaust downpipes using this material for V8 and inline-4 Diesel engines in light trucks in the U.S. - for the F-word company - using tubing made by Arvin; they've since sold their tube mills to AK Tube, a division of AK (formerly Armco-Kawasaki) Steel. By specifying a less-expensive material for the inner wall (w/o salt-corrosion resistance), I was able to keep the final assembly price for a V8 'Y'-pipe to no more than a $0.50 increase over the conventional part (but this was 20 years ago).
Regards,
- R