After viewing the photo submitted several times, I do not believe the "black line" was caused by an "inclusion". It appears to me as a shadow - the surface of the broken area is not a flat plane, but rather has a step in it, resulting the shadow in the picture. Had it been an inclusion you would see stress lines extending out from it, or radiating in an egg shaped pattern. The surface of the break area seems to show the break happened in an immediate fashion, not over a prolonged period (been there myself).
Since you are not seeking advice on how to talk to your dealer about it being covered under warranty, I guess I consider your message as an admission of "oops".
Yes, it can be welded. Remove the entire cylinder from the loader, and as others have said - extend and cover the shaft surface that goes into the cylinder, and grind a V. (Any spatter on that part of the shaft will make short work of the seals.)
Remove paint from the area near the break and hook the ground lead of your welder in that area. You don't want the current going thru the cylinder to get to the end of the shaft, and the dark (blackish gray) coating on the cylinder shafts on the 410 loader appears to be either a ceramic coating or black oxide. Either will inhibit current flow, so best to ground near the break.
Good luck.
(If it was me, i'd just take it to a weld shop /forums/images/graemlins/crazy.gif)