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The materials interpretation is a cooling-rate gradient in a near-eutectoid steel. Before transformation, the parent thermodynamic phase is austenite. A small section can cool rapidly enough to suppress diffusional decomposition and form martensite, a supersaturated, highly strained transformation product. A much thicker interior cools more slowly and can transform diffusively to pearlite: alternating ferrite and cementite lamellae grouped into colonies. Bainite or mixed products are also possible for intermediate histories.

The likely contrast is therefore a martensite-rich rapidly cooled region and a more pearlitic slowly cooled interior. Brittle fracture is promoted by the highly strained martensitic state, residual stresses and local stress concentration. A larger intact interior need not share the same microstructure or local loading. The observations are consistent with this contrast, not a measurement proving pure thermodynamic phases everywhere.

The sketches below are generic steel microstructures, rather than a component design or fabrication prescription. No cooling curve, dimensions or transformation diagram is provided, so exact thermodynamic phase fractions, plate sizes and a universally pearlitic centre cannot be inferred.

As-quenched martensite generally has greater hardness and strength, but lower ductility and toughness, than ordinary pearlitic steel. Its supersaturated carbon and distorted lattice impede dislocation glide; quench stresses also promote cracking. Pearlite combines hard cementite lamellae with more deformable ferrite, with finer spacings generally giving greater strength. Austenitize, quench to martensite, then temper to obtain a useful compromise between indentation resistance and resistance to fast fracture. Tempering below the austenitizing range relieves stresses and develops a fine carbide-containing microstructure. It trades some maximum hardness for improved toughness; the temperature and time must suit the required balance.

At $700^{\circ }\mathrm{C}$ the undercooling below the eutectoid temperature is small, so the free-energy driving force for forming pearlite is weak and nucleation is difficult. At $300^{\circ }\mathrm{C}$ the driving force is larger, but carbon diffusion is slow, limiting the coupled growth of ferrite and cementite. Their competition produces the nose of the isothermal transformation diagram near $550^{\circ }\mathrm{C}$ and $1\mathrm{s}$. A roughly linear quench from $740$–$800^{\circ }\mathrm{C}$ must pass left of this nose, requiring a rate of order $2\times 10^2$–$3\times 10^2\mathrm{K}{\mathrm{s}}^{-1}$, then continue below the martensite-start region near $240^{\circ }\mathrm{C}$. The tangent to the full start curve, rather than just the nose, refines this estimate; a true continuous-cooling diagram would be preferable. Martensite forms by a coordinated lattice-shape change without long-range carbon partitioning, so its formation is a displacive transformation. The tetragonal-to-monoclinic transformation of zirconia is a nonmetallic example.

The lamellae are ferrite and cementite, together forming pearlite. The displayed quantity is surface height in an atomic force microscopy image. Nital preferentially attacks the ferrite, leaving it lower and therefore darker; the narrow raised cementite lamellae appear bright. This is not the same contrast mechanism as brightness in an optical micrograph. Faster cooling that still permits pearlite formation causes transformation at greater undercooling and generally gives finer lamellar spacing. Cooling sufficiently rapidly to bypass diffusional transformation instead produces other products, potentially martensite; it does not merely keep making pearlite indefinitely finer.