Stainless steel for oil well, stainless steel pipe for oil well, and method of manufacturing stainless steel for oil well

A method of manufacturing a stainless steel for oil well, comprising:

• a step of heating a steel stock having a chemical composition comprising, by mass percent, C:
• not more than 0.05%, Si:
• not more than 0.5%, Mn:
• 0.01 to 0.5%, P:
• not more than 0.04%, S:
• not more than 0.01%, Cr:
• more than 16.0 and not more than 18.0%, Ni:
• more than 4.0 and not more than 5.6%, Mo:
• 1.6 to 4.0%, Cu:
• 1.5 to 3.0%, Al:
• 0.001 to 0.10%, and N:
• not more than 0.050%, the balance being Fe and impurities, and satisfying Formulas (1) and (2):
• Cr+Cu+Ni+Mo≧25.5 (1)
• −8≦30(C+N)+0.5Mn+Ni+Cu/2+8.2−1.1(Cr+Mo)≦−4 (2)
• where the content (percent by mass) of element is substituted for the symbol of element in Formulas (1) and (2);
• a step of hot working the steel stock so that the reduction of area of the steel stock at a steel stock temperature of 850 to 1250° C. is not less than 50%;
• a step of heating the steel stock to a temperature not lower than Ac3 transformation point and quenching it after the hot working;
• and
• a step of tempering the steel stock at a temperature not higher than Ad transformation point after the quenching, and
• the method being used for manufacturing a stainless steel having a micro-structure containing a martensitic phase and a ferritic phase having a volume ratio of 10 to 40%, and being such that when a plurality of imaginary line segments, which each have a length of 50 μm in the thickness direction from the surface of the stainless steel and are arranged in a row at intervals of 10 μm over the range of 200 μm, are placed on a cross section of the stainless steel, the ratio of the number of imaginary line segments crossing the ferritic phase to the total number of imaginary line segments is higher than 85%;
• and a 0.2% offset yield stress not lower than 758 MPa.