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 12-MOS DEC-31-1998 JAN-01-1998 DEC-31-1998 130 0 59 2 60 260 211 61 724 89 0 0 0 17 421 724 444 504 398 416 15 1 0 72 15 57 0 0 0 57 5.10 5.06