Simple answer is "yes", proven over and over. It is not the best at everything but will do everything well. It comes into it's own when the task is tough and the knife needs to survive.
Beyond that if you search in this forum you will find many threads unpacking it for you.
INFI is among the very toughest of knife steel, if not the toughest. It is also nearly stainless. For an outdoors type of heavy duty knife. I would say those are two very important steel characteristics.
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