What Mountain Dewd said. The hard sections are usually quite narrow, but should already have a good enough heat treat. I see little to no reason to anneal it. Just work within the limitations of the hard section.
Bill, unless you broke a piece, you are not looking at grain. You are looking at machine markings. Critical heat/temperature is not when a magnet stops sticking. When the magnet loses attraction, the steel is at 1414°. The steel needs another 60° to 65° to harden properly when quenched. Some steels even more, but none at much less. If you put acid on the bi-metal blade, you might see the joint. Even vinegar may allow you to see it. With todays bi-metal blades, the edge is usually a high cobalt steel. Tough even when annealed.