Well, here's a couple pics that may or may not illustrate anything useful. The first two are from a relatively unused grooved steel of Japanese origin. I have no details of its pedigree - seems pretty tough, not terribly aggressive but still cuts metal well.
You can see how the grooves are gouged/tooled and the burred, deformed edges on either side of the lands are allowed to remain. Presumably it is then hardened and or chrome plated. Not exactly like a file, but the raised bit of steel that forms the tooth on a file from being chisel-struck has a lot in common with a thicker burr.
The middle one is an older Foster Brothers smooth, showing very little texture, though some is present. My own tinkering showed an improvement in burnishing when some texture was left on the rod opposed to a super bright finish.
The last two are an older Imperial (?) steel that has been around for a long time - I bought it heavily used and used it some more for a number of years. It has the same burring formations along the lands on the steel, though showing much wear.
In general, I have yet to find a steel that was grooved, meaning I could not make out my reflection in it, that did not have this type of formation on the lands to some extent. I have a couple of modern ones, a Henckels and one other, they all look the same.
As I said, presumably at some point this leaves off for an almost 100% burnishing, but I'm not sure what that looks like under magnification. And then, I'm familiar with steels but do not claim to be anything approaching an expert, my sample is relatively small.