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 first verifiable claim for a practically used bicycle belongs to German Baron Karl von Drais, a civil servant to the Grand Duke of Baden in Germany. Drais invented his Laufmaschine (German for running machine) of 1817 that was called Draisine (English) or draisienne (French) by the press.n Dutch the name of these bicycles is Omafiets (grandma's bike). Bicycle in Plymouth at the start of the 20th century. Cycling steadily became more important in Europe over the first half of the twentieth century, but it dropped off dramatically in the United States between 1900 and 1910.