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.
Another aspect of the history of motorcycles that I would like to cover is the evolution of motorcycle racing during the early years. As one writer suggested the first race probably occurred the very first time two motorcyclist happened upon each on the road while out for a spin.he first European Grand Prix was held a few years later in Patzau, Austro-Hungary on July 8, 1906. In America motorized racing was also being introduced. On June 1, 1896 Sylvester Roper showed up at a bicycle board track riding a one of his steam powered two-wheelers.