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 SUCH FINANCIAL STATEMENTS.

0000764065 CLEVELAND-CLIFFS INC 1,000,000 9-MOS DEC-31-1996 JAN-01-1996 SEP-30-1996 145 11 68 1 58 306 266 145 659 109 0 17 0 0 338 659 357 367 280 291 6 0 4 66 23 43 0 0 0 43 3.66 0