Bolts can take all kinds of loads: compression, pulling, shear, bending.
Lower grade bolts can take more deformation before they crack.
When you guys mention grade 8 bolts, is it the same as 8.8 quality bolts they sell in Europe ? 8.8 are able to take 800 N/mm2 (which is 80 kg per square mm of diameter surface)
All 8.8 bolts are electrolyticaly zinc coated.
You cannot buy thermically zinc coated 8.8 bolts because the heat of the zinc bath changes the characteristics of the metal back to the level of the original material before the strength treatment. Same is with welding, if you heat up the material of an 8.8 bolt, reckon its equal to 4.6 bolts, which handle about 600 N/mm2
For making anchors to be poured into the concrete to mount metal structures on, usually 4.6 is taken, because 8.8 will crack in 80% of the cases when you bend a threaded rod into an L shaped concrete anchor. 8.8 is stronger but stiffer and will crack sooner at a lower level of deformation.
OOh, and for the practical side of the story: it might be handy to weld a solid rod on either the bolt or the nut, so you can adjust the angle without having a wrench with you on the job.
Most scraper blades i've seen have a toothed ring that holds the blade at angle, so you can adjust it in steps of 15 degrees or something. You can make your own by welding some L shaped bars on the scraper top plate, and two strips of metal (wedge shaped like a portion of apple pie) on the A frame, to lock up inbetweent the L bars.