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No offense... but I don't think there is a fixed blade out there that is worth a damn that is less than $20.
Another Mora vote. Aside form being fantastic knives, they also look very tame and low key. I think that will be a huge bonus for a knife used in the city. Just a thought, but I would steer away from the tactical looking blades in general.
I already suggested it once, maybe it got lost in the shuffle, but the Becker BK13 Remora is a stainless skeletonized neck knife, around 5.2" inches long, @$20 online.
Here it is at BF supporter GP Knives: http://www.gpknives.com/kabarbeckerbk13remora.html
How about that little Kershaw skinning knife? I don't carry mine often but I've had zero problems with rust. It looks to be about the size of an Izula.
I would second this, adding that I use the Pendleton as a box cutter all the time and it works great. They're probably some of the best knives you can get for under $20. They're budget knives in price only. Mine came shaving sharp and holds a decent edge, and the handle is really comfortable and well sized.
(I believe my Pendleton was AUS8 though, not 4116 Krupp.)
No offense... but I don't think there is a fixed blade out there that is worth a damn that is less than $20.
I like the Mora 2/0. The blade is still .098" thick and just shy of 3" long. I sanded down the sides of the handle to flatten it. Groved it to give a little better grip and voila - a better fixed blade edc. What is the fixed blade length you are allowed to carry? Oh I forgot to add, the knife with sheath is under 2 oz.
Check out the Boker/Krein Pocket Bowie - it's a great little knife for the price. (under $25) 440C blade, G-10 scales, and comes with a kydex sheath.
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