What was the approximate ratio of sheet steel and scrap steel imports in the first three months of the year?
What was the approximate ratio of sheet steel and scrap steel imports in the first three months of the year?
Options
- a.
1 : 1
- b.Correct answer
1.2 : 1
- c.
1.4 : 1
- d.
1.6 : 1
Explanation
Amount of sheet steel imported = 40 + 37 + 36 = 113 thousand tons Amount of scrap steel imported = 32 + 34 + 32 = 98 thousand tons So the ratio will be 113 / 98 = 1.2 approximately
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