An object is to prolong the life of a ring tool, and improve the productivity of a welded pipe. A ring tool unit is held in a downstream-side end portion of a mandrel to be inserted into a welded pipe currently being manufactured from the upstream side of a welding position, and is used as a cutting tool for continuously cutting a bead produced on the inner surface of the welded pipe, wherein the ring tool unit is formed by fitting a ring tool having a ring-like blade in a sleeve having a circular hole for holding the outer circumference of the ring tool.

An apparatus for the processing of wire and/or tubular components includes a base member and at least two wire/tube processing modules. The modules can be releasably engaged with each other and the base member in which engagement mechanically and electrically couples the modules and the base member. The base member includes an operator interface enabling operation to any linked module.