The steel comprises the following chemical components in percentage by weight: 0.10%-0.20% of C, 0.16%-0.30% of Si, 0.75%-1.05% of Mn, less than or equal to 0.012% of P, less than or equal to 0.001% of S, 0.20%-0.30% of Cu, 0.10%-0.15% of Ni, 0.52%-0.71% of Cr, 0.03%-0.08% of Mo, 0.010%-0.020% of Nb, 0.010%-0.020% of Ti, 0.0020%-0.0030% of Ca, 0.020%-0.030% of Al, less than or equal to 0.0040% of N, less than or equal to 0.0005% of B and the balance of Fe and inevitable impurities. According to the 110Ksi quenched and tempered steel for the
coiled tubing, relative economic components are adopted for designing, on the basis of carbon,
silicon and
manganese, the design that multiple microalloy chemical components are added is adopted, and a quenched and tempered finished
pipe has excellent strength and
plasticity (the yield strength is larger than or equal to 770 MPa, the tensile strength is larger than or equal to 830 MPa, and the
ductility is larger than or equal to 20%); and meanwhile, the
alloy also has high low-temperature
toughness, appropriate microhardness and excellent
acid resistance (the
impact energy at-40 DEG C is greater than or equal to 100J, the micro Vickers
hardness HV10 is less than or equal to 300, and the KISSC is greater than or equal to 26.5), meets the requirements of various working conditions of the 110Ksi
coiled tubing on the basis of effectively controlling the
alloy cost, and is suitable for various well mine requirements.