A
hot rolled steel sheet comprised of, by
mass, 0.01 to 0.1% C, 0.01 to 0.1% Si, 0.1 to 3% Mn, 0.1% or less P, 0.03% or less S, 0.001 to 1% Al, 0.01% or less N, 0.005 to 0.08% Nb, 0.001 to 0.2% Ti andthe balance Fe and unavoidable impurities, satisfying the formula ¢Nb! x ¢C!=4.34 x 10<-3>, wherein the density of
solid solution C
grain boundary quantity is in the range of 1 to 4.5 grain boundaries / nm<2>, and wherein the
diameter of
cementite grains precipitated on the grain boundaries within the steel sheet is 1 ¢mu!m or less. This
hot rolled steel sheet is manufactured according to the following process. A steel piece with the above composition of the
hot rolled steel sheet is heated at temperature SRTmin ( DEG C) to 1170 DEG C and subjected to rough rolling in the condition of 1080 DEGto 1150 DEG C
finalization temperature. Thereafter, finishing rolling is started at 1000 DEG to below 1080 DEG C within 30 to 150 sec and terminated at temperature
ranging from the Ar3 transformation point temperature to 950 DEG C so that the draft upon final pass is in the range of 3 to 15%. The
resultant steel sheet is subjected to cooling from the start to the temperature range of 450 DEG to550 DEG C at a
cooling rate of over 15 DEG C / sec and wound up.