The wire for high strength and toughness TMCP steels of submerged arc welding was developed. The low carbon and micro-alloying with Ti-B system was adopted to obtain the acicular ferrite dominated deposited metals. Experimental results show that the carbon equivalent (P-cm) should be higher than 0.17, which can ensure the high strength and high toughness of the deposited metals. In the alloy system, Oxygen and Nitrogen contents, micro-alloyed elements (C, Mn) and its mixture ratio are the key factors that affect the deposited metals toughness. With increasing C, Mn content, the acicular ferrite is increased and toughness is improved. Oxygen and Nitrogen are deleterious to the toughness of deposited metals.