<ARTICLE> 5
<LEGEND>
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
SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000764065
<NAME> CLEVELAND-CLIFFS INC
<MULTIPLIER> 1,000,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               SEP-30-1996
<CASH>                                             145
<SECURITIES>                                        11
<RECEIVABLES>                                       68
<ALLOWANCES>                                         1
<INVENTORY>                                         58
<CURRENT-ASSETS>                                   306
<PP&E>                                             266
<DEPRECIATION>                                     145
<TOTAL-ASSETS>                                     659
<CURRENT-LIABILITIES>                              109
<BONDS>                                              0
<COMMON>                                            17
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                         338
<TOTAL-LIABILITY-AND-EQUITY>                       659
<SALES>                                            357
<TOTAL-REVENUES>                                   367
<CGS>                                              280
<TOTAL-COSTS>                                      291
<OTHER-EXPENSES>                                     6
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   4
<INCOME-PRETAX>                                     66
<INCOME-TAX>                                        23
<INCOME-CONTINUING>                                 43
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                        43
<EPS-PRIMARY>                                     3.66
<EPS-DILUTED>                                        0