Due to their exceptional structural integrity, steel pipelines are the main component for oil and gas transmission. However, these pipelines are often affected by corrosion, despite corrosion protection, because of harsh working conditions. In addition to corrosion defects, pipelines are often subjected to multiple external loads. The combination of corrosion defects and external loads can significantly reduce the failure pressure, resulting in various failure behaviors. This reduction in failure pressure is especially critical in pipe bends as they are the weakest link in a pipeline. This paper presents an overview of the failure behavior of corroded steel pipe components subjected to internal pressure and axial compressive stress. © 2023 by the authors.