No. I just saw this other video where a piece of red hot metal pierces numerous holes in a frozen lake. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-yrImr1JZiS8.htmlsi=_Yq00hHe2J3n4EFf
That was not water. That is a process called quenching usef to change the hardness of the steel. Many types of oil were traditionally used, however many factories use synthetic quenching fluids.