I have a Boker ak47 i paid 60$au for, great little knife for the money, Boker make excellent knives with very fair prices,
you dont need to pay top dollars to get a great knife,
440c is perfectly competent steel for a folding knife like this, its easily up to the task &
the heat treatment they use makes it excellent, this will be a great folding knife.
Might buy one myself even.