There may not be any red seal gunsmiths but there is redneck gunsmiths. I've turned.I stepped barrel in 8x57 on a drill press, by pressing two files together on both sides of the barrel at the same time to avoide going out of round. And it shoots as good or better than it did before. It was a fun thing to try. But I would not do it on anything of any value.
You got lucky. As often as not this is the opposite of what happens with those barrels.
The steps were part of the processing to keep them consistently accurate with a variety of loads and it works very well.
I've got a few of those barrels in my "scrap bin" and I use them for projects such as bedding pillars or whatever else they might be useful for.
AR barrels need to be treated differently than other profiles, as tiriaq described.
I will admit, the one job I dislike when building a rifle is "profiling" a barrel from a "Blank"
I have an old but well maintained Chinese knock off lathe, but without a taper attachment.
So, to do the job properly, because not all blanks are drilled or hammer forged true, I start the process by turning the ends between centers before starting to cut the profile I want.
The biggest mistake made turning down blanks is cutting TOO MUCH with each pass. You can take a bit more if you have a flowing coolant system to keep the cutting tool cool, as well as the material you're cutting. I don't have a flowing coolant system, because I seldom have the need for one, and they're messy. That's why most CNC machines have enclosures.
I do have a flowing coolant system on my milling machine, but again, only use it if needed.
Tiriaq mentioned something very important, "making sure everything is centered to the axis of the bore is crucial."
HEAT is your worst enemy when profiling a barrel blank to the desired form.
Finish was mentioned, but that's up to the operator. The finish can be anything wanted, from rough tooling marks to nearly what appears to be a polished finish, waiting for the different grades of emory cloth to do the final polishing. Some people have access to bead/sand blasting units to make a "matte" finish.
The HEAT created during cutting is much more than many think, especially if the cuts are too deep and being turned too fast.
My method of profiling a barrel is SLOW at the very least. HEAT creates distortion, which can't be removed. Heat causes expansion, between the holding points. This can cause the barrel to "warp" and end up off center in the middle. I've seen this on more than one barrel I've repurposed.
The AR barrels, because of the much different profiles can also create other issues I haven't mentioned, but I'm willing to bet, HEAT is also something to deal with.
These days, I no longer even attempt profiling a barrel, I buy them profiled.
Guntech mentions proper stress relieving. Stress relieving a barrel blank. Most smiths don't have the proper equipment to do this and the blanks they buy are already heat treated or even cryogenically treated. The thing is, as soon as that barrel's shape is altered, it can create stresses which will have a negative effect. PO Ackly mentions that, in much more detail in his writings. But I agree completely with heat treating being critical.