One can never post too many wootz pictures and shame on anyone who thinks such a thing!   
 
Circular distortions, such as you picture, are not an uncommon feature in wootz blades but seem to show up in better quality examples.  I define better quality as higher levels of activity(circular distortions, meandering lines, etc.), higher contrast and generally tend to be of a more sophisticated level of grind and polish.  As you state, the ladder and rose pattern is created through a manual manipulation of the wootz bar and therefore tends to have regularity to its spacing, position between ladder rungs, etc.  
Beautiful example.  Thanks for sharing!