I had a
steel “Joshua”
ketch (like Bernard Motiessier’s) for 17 years. Steel’s the Deal, but Rust Never Sleeps. Yes, needle gun is ok for really bad rust, but nothing beats sand-blasting.
Sanding with sandpaper is a total waste of time unless you are talking about very small spots of surface (no pitting) rust. Forget “rust converters“, they are just expansive acid which you can buy in generic form, but then again, they don’t remove the rust, and it Will Come Back. Forget oil-based
paint too if you really want a coating that will last.
Epoxy is the only way to go. Generally steel boats rust from the inside, and usually in places that are hard to see and get at. Blistering in the antifouling usually indicates something is happening with the coating underneath it. If the bottom was not sandblasted very clean and proper
epoxy coating applied immediately after blasting, then you are likely to get
water infiltrating through the antifoul and then through the epoxy coating then hitting the steel and causing the paint to
lift off. Yeah, you can go
cheap and just live with the rust as long as the plate thickness is 6mm or more, but that’s not my idea of
safety.
I personally love metal boats, if done right, they don’t leak, can bounce off
reefs.
Good luck
Sundowner sailing off
Fiji in the 1990’s