The modern camping knives get two materials for blades ideally. One is the stainless steel versions, and the other is a carbon steel blade. Among these two, if you are looking for the best knife for camping and hiking, look for S30V, 154CM, or 420HC stainless steel blade if you are keen on this metal to ensure durability. Otherwise, go for high carbon non-stainless steel or high carbon steel for superb retention.