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 it's entirety by reference to such financial statements.

0000764065 CLEVELAND-CLIFFS INC 1,000,000 12-MOS DEC-31-1996 JAN-01-1996 DEC-31-1996 165 4 70 1 45 301 269 141 674 106 0 0 0 17 354 674 452 518 393 409 8 0 5 96 35 61 0 0 0 61 5.26 5.23