Paul, they were steel; plates, not iron, and that is another subject that has been done to death. It is unlikely that the bottom of Titanic's hull would have been affected as the ship sideswiped the iceberg so the damage was along the side of the ship. Whilst the hull plates may have become brittle to some extent in the cold water depending on the amount of impurities they contained, it has been pretty much conclusively established that the cause of the leakage into Titanic's hull was due to the pressure of contacting the iceberg 'popping' the riveted hull seams. Given the draught of the ship the splits would have admitted huge quantities of water at high pressure which would have simply increased as the ship sank further.
When I had my own little yacht it was fitted with a speed log which passed through the bottom of the hull and was contained within a surrounding wooden box fixed to the inside of the hull. It was probably about ten inches below the waterline, if that. The working element was a vertical paddlewheel which protruded below the hull and turned with the movement of the boat to register the speed through the water. When sitting in the marina for a week or two weed tended to grow in the paddlewheel mechanism stopping it from turning so the normal practice was to withdraw the unit from its tube and clear it, temporarily substituting a plug instead. The changeover had to be done within a couple of seconds or so as once you removed the log unit the water came in at a terrifying rate and could fill the enclosure intended to contain it if you were not careful. This was a 1.5 inch hole at 10 inches depth so just imagine what a split seam on a ship's hull at 30 feet depth would be like, it would make a fire hose look like a water pistol!
There is simply no need to postulate weak plating etc. etc. Just creasing a hull seam for a few dozen feet would be enough to admit uncontrollable flooding. But the conspiracy theorists unfortunately lack the basic knowledge to appreciate this.
And that is why I'm afraid I have no patience with meeja people claiming to have discovered something that everybody else has missed.
Colin