-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 BEr5TAu5uVPhFoAXwS32hQ91ISApcnU/2mTmwxa7tM8RbpkCtEtDMd6bxUKLLWey
 tFSX+eHkFZdqwgZn6FUXLA==

<SEC-DOCUMENT>0000919574-08-002334.txt : 20080325
<SEC-HEADER>0000919574-08-002334.hdr.sgml : 20080325
<ACCEPTANCE-DATETIME>20080325172522
ACCESSION NUMBER:		0000919574-08-002334
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080131
FILED AS OF DATE:		20080325
DATE AS OF CHANGE:		20080325

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			FALCONE PHILIP
		CENTRAL INDEX KEY:			0001233569

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08944
		FILM NUMBER:		08710175

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		2125216972

	MAIL ADDRESS:	
		STREET 1:		555 MADISON AVE
		STREET 2:		16TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HARBERT RAYMOND J
		CENTRAL INDEX KEY:			0001233571

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08944
		FILM NUMBER:		08710174

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		2125216972

	MAIL ADDRESS:	
		STREET 1:		ONE RIVERCHASE PARKWAY SOUTH
		CITY:			BIRMINGHAM
		STATE:			AL
		ZIP:			35244

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			LUCE MICHAEL D
		CENTRAL INDEX KEY:			0001233573

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08944
		FILM NUMBER:		08710173

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		2125216972

	MAIL ADDRESS:	
		STREET 1:		ONE RIVERCHASE PARKWAY SOUTH
		CITY:			BIRMINGHAM
		STATE:			AL
		ZIP:			35244

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CLEVELAND CLIFFS INC
		CENTRAL INDEX KEY:			0000764065
		STANDARD INDUSTRIAL CLASSIFICATION:	METAL MINING [1000]
		IRS NUMBER:				341464672
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1100 SUPERIOR AVE 18TH FLR
		CITY:			CLEVELAND
		STATE:			OH
		ZIP:			44114
		BUSINESS PHONE:		2166945700

	MAIL ADDRESS:	
		STREET 1:		100 SUPERIOR AVE
		STREET 2:		18TH FLOOR
		CITY:			CLEVELAND
		STATE:			OH
		ZIP:			44114

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HARBERT MANAGEMENT CORP
		CENTRAL INDEX KEY:			0001259933

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08944
		FILM NUMBER:		08710176

	BUSINESS ADDRESS:	
		STREET 1:		ONE RIVERCHASE PARKWAY SOUTH
		CITY:			BIRMINGHAM
		STATE:			AL
		ZIP:			35244
		BUSINESS PHONE:		205-987-5500

	MAIL ADDRESS:	
		STREET 1:		ONE RIVERCHASE PARKWAY SOUTH
		CITY:			BIRMINGHAM
		STATE:			AL
		ZIP:			35244
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>p867615_ex.xml
<DESCRIPTION>HMC/CLEVELAND CLIFFS
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-01-31</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000764065</issuerCik>
        <issuerName>CLEVELAND CLIFFS INC</issuerName>
        <issuerTradingSymbol>CLF</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001259933</rptOwnerCik>
            <rptOwnerName>HARBERT MANAGEMENT CORP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>ONE RIVERCHASE PARKWAY SOUTH</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BIRMINGHAM</rptOwnerCity>
            <rptOwnerState>AL</rptOwnerState>
            <rptOwnerZipCode>35244</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001233569</rptOwnerCik>
            <rptOwnerName>FALCONE PHILIP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>555 MADISON AVE</rptOwnerStreet1>
            <rptOwnerStreet2>16TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10022</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001233571</rptOwnerCik>
            <rptOwnerName>HARBERT RAYMOND J</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>ONE RIVERCHASE PARKWAY SOUTH</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BIRMINGHAM</rptOwnerCity>
            <rptOwnerState>AL</rptOwnerState>
            <rptOwnerZipCode>35244</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001233573</rptOwnerCik>
            <rptOwnerName>LUCE MICHAEL D</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>ONE RIVERCHASE PARKWAY SOUTH</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BIRMINGHAM</rptOwnerCity>
            <rptOwnerState>AL</rptOwnerState>
            <rptOwnerZipCode>35244</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2008-01-31</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>133335</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>100.30</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3566669</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Harbinger Capital Partners Master Fund I, Ltd.</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2008-03-20</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>385600</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>110.71</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3952269</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Harbinger Capital Partners Master Fund I, Ltd.</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2008-01-31</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>66665</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>100.30</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1783331</value>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Harbinger Capital Partners Special Situations Fund, L.P.</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">These securities are owned by Harbinger Capital Partners Master Fund I, Ltd. (the &quot;Master Fund&quot;).  These securities may be
 deemed to be beneficially owned by Harbert Management Corporation (&quot;HMC&quot;), Philip Falcone, Raymond J. Harbert and Michael D.
 Luce.  Philip Falcone is the portfolio manager of the Master Fund and a shareholder of HMC.  Raymond J. Harbert and Michael
 D. Luce are shareholders of HMC.  Each such Reporting Person disclaims beneficial ownership of the reported securities
 except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that such
 Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of
 1934, as amended, or for any other purpose.</footnote>
        <footnote id="F2">These securities are owned by Harbinger Capital Partners Special Situations Fund, L.P. (the &quot;Special Situations Fund&quot;).
 These securities may be deemed to be beneficially owned by HMC, Philip Falcone, Raymond J. Harbert and Michael Luce.  HMC
 wholly owns the managing member of the Special Situations Fund's general partner.  Philip Falcone is the portfolio manager
 of the Special Situations Fund and is a shareholder of HMC.  Raymond J. Harbert and Michael D. Luce are shareholders of HMC.
  Each such Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his or its
 pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial
 owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other
 purpose.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Harbert Management Corporation, By: /s/ William R. Lucas, Jr.</signatureName>
        <signatureDate>2008-03-25</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Philip Falcone</signatureName>
        <signatureDate>2008-03-25</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Raymond J. Harbert</signatureName>
        <signatureDate>2008-03-25</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Michael D. Luce</signatureName>
        <signatureDate>2008-03-25</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----