5

THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE 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-31-1997 JAN-01-1997 JUN-30-1997 62 0 62 1 107 249 272 143 655 81 0 0 0 17 362 655 123 153 117 124 3 0 2 24 8 16 0 0 0 16 1.40 1.39