I had a bit of pipe made for this purpose but haven't used it yet. Just got a 2 1/2" pipe and cut it down the middle, spread it apart, then put a strip of flat steel down the guts. You need to work out the cross sectional area of the 3" pipe and then see how wide it needs to be for the smaller pipe.
a 3" pipe has a cross sectional area of 4536mm2
a 2.5" pipe has a cross sectional area of 3216mm2
a 2" pipe has across sectional area of 2042mm2
To retain the same cross sectional area as a 3" pipe a;
2.5" would need to be widened by 50.25mm
2" would need to be widened by 63mm
Hope that helps.
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