Bob I agree the indent is a bit more than should be, that could be explained by insufficient or ineffective heat treatment.
The discoloration (bluing) is fairly common, depends on the source you get them from I suppose some are heat treated some may just be harder steel and not need it, or heat treated before plated or whatever.
Don't think it's from poor adjustment, if that was the case it would be picking up and welding itself to the adjuster, and the clutch would be on the point of slipping all the time
Bill