A separator plate for use as a clutch plate for a multiplate wet clutch is formed of a steel plate. The steel plate has a chemical composition containing, on a basis of percent by mass, C from 0.03 to 0.08%, Si from 0 to 1.0%, Mn from 0.2 to 0.8%, P at 0.03% or less, S at 0.01% or less, and Al at 0.05% or less, so as to satisfy a formula, 5*C %−Si %+Mn %−1.5*Al %