Steel Mill terminology.
"Cold Finished" means just exactly that. It means the final mill operation to that metal was done about room temperature. This might be pickled in acid to remove the heat treat scale. It might be centerless ground to remove scale & make that rough hot rolled bar nice and round. Or, it might be cold drawn, which means residual stresses. Everyone, including I formerly, assumes "cold finished" means cold rolled or cold drawn. Not to the steel mill.
No doubt Rayl knows what he has & treats it appropriately.
For the rest of us, I suggest that about any piece of steel you buy will have some amount of resiidual stress in it. Actual cold drawn or cold rolled steel has too much stress to machine anything decent where more is metal is taken off one side than the other. "Stress relieve" for cold rolled/cold drawn/welded steel is about 1150-1200F, about where steel becomes hot enough to just begin glowing in a room with midiocre light, e.g. my basement shop.