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What Caused These Marks On Brass?

Bought some once fired hornady brass to load bulk match-ish ammo for a large frame. I’ve never seen rings on brass like this- it’s a perfectly circular indentation around the rim of the case. What the heck did this and does it matter? I haven’t dug through all of them but I’d guess it’s on 30-40% of them. It was supposedly bolt gun brass and looks clean enough to be.
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Those rings are a result of the manufacturing process. I have seen it on a number of factory Hornady ammo in both 6 & 6.5 Creedmoor.
I have reloaded some of these cases myself and it doesn't seem to affect accuracy which surprised me.