Correct Option (2)
To determine the approximate ratio of sheet steel to scrap steel imports in the first three months, the total import volumes for each steel type must be calculated from the provided data.
- Total sheet steel imported in the first three months = 40 + 37 + 36 = 113 thousand tonnes.
- Total scrap steel imported in the first three months = 32 + 34 + 32 = 98 thousand tonnes.
The required ratio of sheet steel to scrap steel imports is calculated as:
Ratio = 113 / 98
This division yields approximately 1.153. Rounding this value, the approximate ratio is 1.2 : 1.
Incorrect Options:
Options (1), (3), and (4) are incorrect because their stated ratios (1:1, 1.4:1, and 1.6:1 respectively) do not align with the calculated approximate ratio of 1.2:1 derived from the import data for the first three months.