There ya go, folks! There's iron and flux, but I didn't manage to find any freakin' coke. If you want steel, you'll have to import it! I've genned the world with Kobolds having [NO_EAT] and [NO_DRINK], so they should be around. There's no good surface water, so I suggest that you construct your own cistern. (http://df.magmawiki.com/index.php/Water#Salt_Water) Make sure it's above-ground, your cistern!

Embark location: http://imgur.com/TDBUq