i have seen this exact issue on a boat before in the exact spot...it was damaged from a floor jack lifting the back of the boat up to service the rudder... no need to re invent the wheel .. its metal its old worn out .. replace it.. if the tire on your car gets a slice do you replace the tire or re invent the wheel ???
also that looks like type III hard anodizing also ... fades bad in the sun will lose the color but not the coating and its i believe aout 2-3 thousands thick
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