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-31-1998 JAN-01-1998 MAR-31-1998 59 0 45 1 119 237 189 56 675 72 0 0 0 17 389 675 27 38 30 35 2 0 0 1 0 1 0 0 0 1 .04 .04