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-31-1997 JAN-01-1997 SEP-30-1997 86 0 72 1 78 251 277 143 681 90 0 0 0 17 380 681 256 302 235 248 5 0 2 47 10 37 0 0 0 37 3.26 3.24