what is ratio of manufacturing steel
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In the primary steelmaking step, liquid iron is converted into steel by the basic oxygen furnace (BOF) process, or by melting scrap steel or direct reduced iron (DRI) in an electric arc furnace. Secondary steelmaking is a refining process in which alloying metals are added and impurities are removed.
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Divide the percentage of total sales by the percentage of production in order to obtain the sales-to-production ratio. Using the same example, the sales-to-production ratio for red flower pots would be 30 percent divided by 53.33 percent, giving a sales-to-production ratio of 0.5625, or 1:1.78.
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