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-31-1997 JAN-01-1997 MAR-31-1997 112 2 33 1 106 269 270 141 648 86 0 0 0 17 352 648 21 31 21 25 1 0 1 4 1 3 0 0 0 3 .26 .26