Float
push it under; feel it push back.
reshape steel until it floats — buoyancy, felt
The steel's weight never changes — only its shape does, and shape alone decides whether it sinks or floats. Buoyant force equals the weight of water shoved aside, so spreading the same mass into a wider, hollower hull displaces more water, until eventually there is enough of it to hold the steel up.
Concepts: buoyancy.
An interactive you play with one thumb, on Wundr.