glue to temporary faceplate / faced bar end with good superglue CA glue, fill ring end gap with CI scrap 3/16 thick
mount temporary faceplate in lathe chuck
CAREFULLY with VERY light cuts face to 1/8" thick
mount Dremel-like motor tool in toolpost, with fine grit grinding wheel grind ring face smooth.
Do not let ring get hot at any stage, or ring will detach.
After finishing the ring detach glue with water and low heat.
Tricky, but I have done a few that way when there is no alternative.