A steel material comprising, by mass%, C: greater than 0.05% to 0.2%, Mn: 1% to 3%, Si: greater than 0.5% to 1.8%, Al: 0.01% to 0.5%, N: 0.001% to 0.015%, Ti or a sum of V and Ti: greater than 0.1% to 0.25%, Ti: 0.001% or more, Cr: 0% to 0.25%, Mo: 0% to 0.35%, the balance: Fe and impurities, comprising a multi-phase structure having a ferrite main phase and a second phase containing one or more of bainite, martensite and austenite, wherein an average nanohardness of the second phase is less than 6.0 GPa, an average grain diameter of all crystal grains in the main phase and the second phase is 3 μm or less, and a proportion of a length of small-angle grain boundaries where the misorientation is 2° to less than 15° in a length of all grain boundaries is 15% or more.