Thank you for all the suggestions!
I haven't gotten any further in this as I'm still in the process of cleaning the lathe. I do however think that matching the hardness of the surrounding material would be preferrable to both harder or softer. The saddle is also cast iron and I'd like to prevent the repaired spot from either directly scoring the mating part or being prone to embedding hard chips that in turn will score the saddle.
For anyone interested I've worked out that this is not in fact a DLZF. It's a DLZTE with a plain, bronze bearing as a a front bearing and witout the 5:1 reduction gear of the DLZF. I'll post updates of the repair and the whole lathe when I get further.
Best regards
Karl
Edited By Karl Mansson on 16/02/2019 14:29:52