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 9-MOS DEC-31-1998 JAN-01-1998 SEP-30-1998 115 0 69 2 55 254 206 60 703 87 0 0 0 17 404 703 328 371 298 311 8 1 0 51 13 38 0 0 0 38 3.33 3.30