What was the approximate ratio of sheet steel and scrap steel imports in the first three months of the year?

Correct Option: 1.2 : 1

To find the approximate ratio of sheet steel and scrap steel imports in the first three months of the year, we sum their respective imports: For Sheet Steel (first three months): - January: 40 thousand tons - February: 37 thousand tons - March: 36 thousand tons Total Sheet Steel = 40 + 37 + 36 = 113 thousand tons. For Scrap Steel (first three months): - January: 32 thousand tons - February: 34 thousand tons - March: 32 thousand tons Total Scrap Steel = 32 + 34 + 32 = 98 thousand tons. Now, we calculate the ratio of sheet steel to scrap steel: Ratio = 113 / 98 ≈ 1.15 : 1. Among the given options, 1.15 : 1 is closest to 1.2 : 1. Therefore, Option B is the correct answer.