
Originally Posted by
Gromek
why does it explode. Is that due to rapid pressure change (liquid H2O to gas H20)
Yes as well as volume change as the water rapidly changes to steam.

Originally Posted by
Gromek
...water falls apart on the mollecular level dividing into O2 and H2...
Maybe, I'm undecided how much this would be a factor in a foundry environment. The thermal decomposition of water absent a catalyst at high temperatures(1) (> ~2800 °F) could liberate combustible hydrogen and steam has been documented chemically reacting with certain substances under specific environmental conditions producing hydrogen in sufficient quantities explosive in air(2).

Originally Posted by
Gromek
...and thus forming somekind explosive reaction like H-bomb
No, H-bombs rely on
nuclear fusion of isotopes of hydrogen at the atomic level.
Decomposition of water into hydrogen and oxygen is a chemical reaction at the molecular level. If fusion was as easy as water + hot metal, humanity would have exterminated itself by now.
References:
1 -
Direct Solar-Thermal Hydrogen Production from Water...
2 -
Evaluations of Graphite/Steam Interactions...