Abstract: The invention relates to a quench-and-temper steel alloy for use in casing for oil and gas wells wherein such casing is exposed to low pH environments. The steel alloy has a carbon range by weight of 0.15% to 0.35%, a manganese range by weight of 0.60% to 1.10%, a molybdenum range by weight of 0.15% to 0.65%, and a sulphur range by weight of less than 0.002%. The steel alloy has a quench-and-temper micro-structure and features precipitated spheroidal molybdenum carbides in manganese- and carbon-rich bands. The steel alloy also has, by weight, a chromium range of less than 0.50%, an aluminum range of less than or equal to 0.08% and a calcium range of less than or equal to 0.0045%.