Stillerz, sorry if you thought I meant a very big vice, I meant by rolling.
There are going to be local Pdelta effects, but I took this to be a "long" column, where the column stress is based on kL/r, not the limits of the material.
I have performed analyses of such cases, introducing the the offsets and modified section properties at the appropriate places. The effect on the column buckling load was negligeable, and the local material stress limits were not exceeded by the local Pdelta effects.
Michael.
Timing has a lot to do with the outcome of a rain dance.