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-31-1998 JAN-01-1998 JUN-30-1998 72 0 73 1 87 249 193 58 691 78 0 0 0 17 399 691 170 195 157 167 5 0 0 23 6 17 0 0 0 17 1.53 1.52