A study was performed to investigate the properties of base metal and weldment for two HSLA steels and one HY-100 steel. Tensile, yield strength and elongation of HSLA-A steel were superior to those of HY-100 steel and yield ratios in HSLA-A and HSLA-B steels were higher than HY-100 steel owing to the precipitation of $varepsilon$-Cu phase. The impact energy of HSLA-A steel was greater at all aging temperatures than that of HY-100 steel. HSLA-A and HY-100 steels had low impact transition temperature of about -l$25^{circ}C$ and high upper shelf energy, The peak hardness of weldment in HSLA-A, HSLA-B and HY-100 steels were Hv 299, Hv 275 and Hv 441, respectively. The hardenability of HY-100 steel was largest due to the higher amount of carbon. The y-groove test showed that HSLA steels had superior resistance to cold cracking. Toughness of weld joint at the F. L. and F. L. ＋1mm in HSLA-A was almost the same as HY-100, but those at F. L.＋3mm and F. L.＋5mm was greater in HSLA-A steel.