Ready for discard does not mean broken
A load-bearing element is not replaced when it fails but when it reaches a defined limit – well before fracture. That limit is the discard criterion. It is set so that a margin remains between it and failure, even if the damage continues to grow between two inspections.
“It is still holding” is therefore no argument. The question is not whether the element carries the load today but whether the margin to failure is still the one the hoist was designed with.