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There are strong demands for reduced production costs of ordinary bolts, of which a large number are used throughout automobiles. In addition, there are continued demands for higher performance and lower weight in automobiles. For this reason, there is an increasing trend to develop steel for high strength bolts or to adopt the plastic region tightening method. At present, the principal materials used in high strength bolts of class 10.9 are medium carbon alloy steel. When a low carbon boron steel bolt is used as a class 10.9 bolt under high stress, delayed fracture may occur, so that these cannot always be used for the body and chassis applications. The authors have developed a new low carbon boron steel with increased delayed fracture strength on the same order as that of JIS-SCM435 (equivalent to SAE4135) medium carbon alloy steel. Attention was focused principally on decreasing the amounts of phosphorus and sulfur in the steel.