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.
Invention of pedal driven bicycle? According to the research of his relative James Johnston in the 1890s, Macmillan was the first to invent the pedal-driven bicycle. Johnston, a corn trader and tricyclist, had the firm aim, in his own words to prove that to my native country of Dumfries belongs the honour of being the birthplace of the invention of the bicycle. Macmillan allegedly completed construction of a pedal driven bicycle of wood in 1839 that included iron-rimmed wooden wheels, a steerable wheel in the front and a larger wheel in the rear which was connected to pedals via connecting rods.