Well I think its the coating that might be on some machinists rules IIRC, my ruler is black nickel coated, I guess zinc? (it was not listed in advertising as zinc). It had some corrosion show up on it after being stored in a somewhat damp place for a while. I cleaned it up with some kind of metal polish, and recoated it with grease for protection, but it looks kinda like it has splatter of missing surface material when you look at it with the correct angle. I think it had like 'white spots' growing on it
nevermind, mine is coated with 'black chrome' which I regard as shit, not black nickel. Not sure if its similar. Because the ruler was defiantly rubbed with 3-1 oil and it was stored near many other objects, which did not fail.