Hi,
Tensile for butt-welded steel pipe is: 40,000psi, for lap-welded it is 50,000psi.
The burst pressure P = (2T x S)/0
where:
T = wall thickness
S = tensile strength
0 = outside dia.(inches)
The working pressure for pipe is usually taken as 1/6, 1/8, or 1/10 of the burst pressure depending on the application.
Hope this helps.