The invention discloses steel for a front axle of a medium-sized truck and a production method of the steel. The steel comprises the following chemical components including, by weight, 0.39% to 0.43% of C, 0.20% to 0.37% of Si, 0.65% to 0.80% of Mn, 0.95% to 1.10% of Cr, 0.01% to 0.05% of Mo, 0.02% to 0.03% of Ni, 0.02% to 0.05% of Cu, less than or equal to 0.020% of P, 0.010% to 0.025% of S, 0.010% to 0.040% of Alt and the balance Fe and other inevitable impurities, so that the contents of Mo, Ni and Cu in the steel meet the condition that the sum of Mo, Ni and Cu is more than or equal to the sum of 0.013C, 0.033Mn and 0.034Cr and less than or equal to the sum of 0.018C, 0.026Mn and 0.065 Cr. According to the steel for the front axle of the medium-sized truck and the production method of the steel, the contents of Mo, Ni, Cu and other elements in the steel are accurately controlled, steel grains are refined, the impact toughness of the steel is improved, and the fatigue life of the automobile front axle is prolonged.