The invention provides steel used for a voltage stabilizer of a pressurized water reactor power station and a manufacture method of the steel. The steel comprises the following components: 0.10 to 0.25% of C, 0.15 to 0.35% of Si, 0.80 to 0.95% of Mn, not greater than 0.010% of P, not greater than 0.010% of S, 0.50 to 0.80% of Ni, 0.20 to 0.60% of Cr, 0.005 to 0.040% of Al, 0.40 to 0.70% of Mo, 0.005 to 0.01% of V, 0.005 to 0.01% of Ti, not greater than 0.10% of Cu, and the balance of Fe. The method comprises the following steps of: 1) smelting, namely, performing continuous casting on a 70mm steel plate through a converter, and performing die casing on the steel plate of not being less than 70mm; 2) rolling, namely, heating a continuously-casted steel billet to reach the temperature of 1,150 to 1,250 DEG C; controlling the temperature of final rolling in a recrystallization area to not less than 1,000 DEG C; controlling the temperature of rolling in a non-recrystallization area to 830 to 880 DEG C; controlling the total rolling reduction to more than 70%; heating a die-casted steel ingot in a chamber furnace, wherein the temperature in heating is not less than 1,200 DEG C, and the temperature in rolling starting is not less than 1,050 DEG C; and 3) hardening and tempering, namely, quenching at temperature of 850 to 930 DEG C, and maintaining the temperature for 2 to 4min/mm; tempering at 630 to 680 DEG C, and maintaining the temperature for 4 to 10min/mm. The steel product can meet various index requirements.