Its definitely mild steel Zakk.
Can easily see and feel the seem.
I have a YZ250K, and a J roller, and both also have seems !!
Then I checked my old 1981 KLX250 wreck, which has no seams.
So it looks as though early 80's Yamaha's skimped on frame material.
A bit piss poor one would think, when you look at bicycles having chromoly tubing.
I bet Broc Glover had chromoly in his works bike back then.
Agreed Nathan S, brochures are not reliable.