Guidelines have been worked out on how to design sub-sea pipelines in fishing-rich areas subjected to the possible interference by trawl gear or ship anchors. One topic of special interest for the offshore industry is pipelines first subjected to impact from an anchor before being dragged along the seabed. After removal of the load, the pipe will be straightened due to rebound and present axial forces. The material in the deformed impact zone will experience a complex stress and strain history, which subsequently can cause cracking, leading to leakage or full failure. To study these topics, full-scale testing is not straightforward and thus a simplified approach is chosen as a first step in the present study. Motivated by the observed local curvature in impacted pipelines, three-point bending tests of plate strips cut from a typical offshore pipeline have been carried out and the strips subsequently stretched to a straight position. One objective of these tests was to investigate whether cracking in the plate strip could occur after such a loading sequence. Material tests with specimens taken in different directions and at different locations in the actual pipe were carried out to calibrate an appropriate constitutive relation (taking anisotropy and kinematic hardening into account) and a simplified fracture criterion. Numerical simulations of the complete loading sequence were finally carried out and the predicted response was validated against the experimental data.