A high-Cr martensitic steel pipe having excellent pitting resistance, general corrosion resistance, excellent weldability and heat-affected zone toughness, and further having absorbed energy for heat-affected zone at 0.degree. C. of more than 170 J, and corrosion rate of mother material including welded portions, under the condition of immersing in a corrosion-test liquid of 20% NaCl solution in which a carbonic acid gas of 3.0 MPa was saturated at 80.degree. C., of lower than 0.1 mm/Year, consisting essentially of:
- C:
- about 0.03 wt % or less, Si:
- about 0.5 wt % or less, Mn:
- about 0.5-3.0 wt %, Cr:
- about 10.0-14.0 wt %, Ni:
- about 0.2-2.0 wt %, Cu:
- about 0.2-0.7 wt %, N:
- about 0.03 wt % or less, V:
- about 0.01-0.1 wt % and the balance being Fe and incidental impurities, wherein a value X defined by the following formula (1):
- value X=(Cr %)+3(Cu %)-3(C %) (1)
- is about 12.2 to about 14.2.