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 6-MOS DEC-31-1996 JAN-01-1996 JUN-30-1996 101 9 61 1 85 280 263 143 632 90 0 17 0 0 330 632 193 201 153 161 5 0 2 33 12 21 0 0 0 21 1.82 0