Steel for processing movement limiting core stick of continuous tube grimper and its producing process

The present invention belongs to the field of steel-smelting technology. The steel consists of C 0.30-0.43 wt%, Mn less than 0.60 wt%, Si 0.70-1.00 wt%, P less than 0.010 wt%, S less than 0.007 wt%, Cr 4.50-5.50 wt%, Mo 1.00-1.50 wt%, V 0.7-1.00 wt%, Nb 0-0.25 wt%, Al less than 0.015 wt%, Ni 0.10-0.75 wt%, Cu less than 0.10 wt%, O less than 30 ppm and H less than 2 ppm, except Fe. It may contain one or several of RE, W, B, Ca, Mg, Zr and Ti. The steel of the present invention has reasonable production process, high performance and long service life of the core rod therewith.