5

This schedule contains summary financial information extracted from statements of consolidated income, consolidated financial position and computation of earnings per share and is qualified in its entirety by reference to such financial statements.

0000764065 CLEVELAND-CLIFFS, INC. 1,000,000 3-MOS DEC-31-1996 JAN-01-1996 MAR-31-1996 128 0 27 8 97 275 262 (142) 628 86 0 17 0 0 326 628 48 60 47 51 3 0 1 6 2 4 0 0 0 4 .30 0