I would think there must have been another carbon source than just cast iron to produce enough CO2. Of course it depends on what was meant by "cast iron"
From wikipedia
Cast iron usually refers to grey cast iron, but can mean any of a group of iron-based alloys containing more than 2% carbon (alloys with less carbon are carbon steel by definition). It is made by remelting pig iron, often along with substantial quantities of scrap iron and scrap steel, and taking various steps to remove undesirable contaminants such as phosphorus and sulfur, which weaken the material. Carbon and silicon content are reduced to the desired levels, which may be anywhere from 2% to 3.5% for carbon and 1% to 3% for silicon depending on the application. Other elements are then added to the melt before the final form is produced by casting.
From Wikipedia
Industrially, iron is extracted from its ores, principally hematite (nominally Fe2O3) and magnetite (Fe3O4) by a carbothermic reaction (reduction with carbon) in a blast furnace at temperatures of about 2000°C. In a blast furnace, iron ore, carbon in the form of coke, and a flux such as limestone are fed into the top of the furnace, while a blast of heated air is forced into the furnace at the bottom.
In the furnace, the coke reacts with oxygen in the air blast to produce carbon monoxide:
6 C + 3 O2 ? 6 CO
The carbon monoxide reduces the iron ore (in the chemical equation below, hematite) to molten iron, becoming carbon dioxide in the process:
6 CO + 2 Fe2O3 ? 4 Fe + 6 CO2
Thomas J. Walz
Carbide Processors, Inc.