ArcelorMittal's year on year growth rate is negative over the past 5 years, however the most recent earnings are above average. ArcelorMittal's 1 year earnings growth exceeds its 5 year annual average (156.8% vs -4.1%) ArcelorMittal's earnings growth has exceeded the US Metals and Mining industry average in the past year (156.8% vs 47.5%).
Bicycle Invention. In 1817, Karl Drais von Sauerbronn invented the first bicycle invention named the Laufmaschine. He invented his bicycle as an alternative to riding horses. Running Machine.The Laufmaschine, which means Running Machine was a dual-wheeled bicycle that was made entirely of wood, including the wheels.n 1817, Karl Drais von Sauerbronn invented the first bicycle invention named the Laufmaschine. He invented his bicycle as an alternative to riding horses.
The Penny Farthing is also referred to as the 'High' or 'Ordinary' bicycle, and the first one was invented in 1871 by British engineer, James Starley. The Penny Farthing â¦ came after the development of the 'Hobbyhorse', and the French 'Velocipede' or 'Boneshaker', all versions of early bikes.