The reaction, Fe2O3 + 3CO------> 2Fe + 3CO2 is an oxidation-reduction reaction.
An oxidation-reduction reaction is a reaction in which there is a change in oxidation number from left to right in the reaction. This is because, a specie is oxidized and another specie is reduced.
In the reaction; Fe2O3 + 3CO------> 2Fe + 3CO2, we can see that the oxidation number of iron decreased from +3 on the left hand side to zero on the right hand side. The oxidation number of carbon was increased from + 2 to +4.
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Heat radiates from the fire and cooks the marshmallow because heat transfer.
At STP, copper (Cu) would be the only substance here that will exist in the solid state.