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.
EARLY HISTORY OF THE BICYCLE. 1  1817 â Baron Karl von Drais de Sauerbrun of Germany rides his two-wheeled draisienne for nine miles, propelled by paddling his feet on the ground. 2  1840s â Two-wheeled machines with rear treadle drives are built in south-west Scotland, Kirkpatrick Macmillan most often associated with them.