The Cold Steel Panga is a Machete Fixed Blade. If you are looking for a knife that can endure anything and everything, then the Cold Steel Panga Machete Fixed Blade is the best option for you. The blade is fixed to the handle of the knife but it is quite big in terms of both length and width. The blade is made of high quality steel which gives it strength, agility and versatility. It would be a good piece in your tool shed knife collection. You can use it for variety of purposes, for example-you can use it for protection against animals.