<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FIANCIAL 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.
</LEGEND>
<CIK> 0000764065
<NAME> CLEVELAND-CLIFFS INC
<MULTIPLIER> 1,000,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               SEP-30-1997
<CASH>                                              86
<SECURITIES>                                         0
<RECEIVABLES>                                       72
<ALLOWANCES>                                         1
<INVENTORY>                                         78
<CURRENT-ASSETS>                                   251
<PP&E>                                             277
<DEPRECIATION>                                     143
<TOTAL-ASSETS>                                     681
<CURRENT-LIABILITIES>                               90
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            17
<OTHER-SE>                                         380
<TOTAL-LIABILITY-AND-EQUITY>                       681
<SALES>                                            256
<TOTAL-REVENUES>                                   302
<CGS>                                              235
<TOTAL-COSTS>                                      248
<OTHER-EXPENSES>                                     5
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   2
<INCOME-PRETAX>                                     47
<INCOME-TAX>                                        10
<INCOME-CONTINUING>                                 37
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                        37
<EPS-PRIMARY>                                     3.26
<EPS-DILUTED>                                        0