The steel scrap market is in the dumps. Should have scrapped it back in 2007 when China was buying up all scrap steel they could find.
There is no use for it. While it sits there, its hull is rotting
Probably needed all that steel to help strengthen the foundations of that fake island of theirs.
Tow it out to sea and give it a decent burial. Better a watery grave than the ignominy of the scrapyard.