-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 IX077HxF+tqCgTkqTuzJa8CGIZmLvywM1KNn+q0JBIugoqc4bhGTFKPWqmAmtPAZ
 /RIsf+QKNQ/q+ebcu4CpAg==

<SEC-DOCUMENT>0000919574-08-002764.txt : 20080505
<SEC-HEADER>0000919574-08-002764.hdr.sgml : 20080505
<ACCEPTANCE-DATETIME>20080505182650
ACCESSION NUMBER:		0000919574-08-002764
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080401
FILED AS OF DATE:		20080505
DATE AS OF CHANGE:		20080505

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:		08804080

	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:		08804079

	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:		08804078

	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:		08804081

	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>p880719_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-04-01</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>2008-04-01</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>250000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>123.32</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>4202269</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Harbinger Capital Partners Master Fund I, Ltd.</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1783331</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F3"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Harbinger Capital Partners Special Situations Fund, L.P.</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">IMPORTANT NOTE: THE SECURITIES SET FORTH IN THIS REPORT ARE DIRECTLY BENEFICIALLY OWNED BY HARBINGER CAPITAL PARTNERS MASTER
 FUND I, LTD. AND/OR HARBINGER CAPITAL PARTNERS SPECIAL SITUATIONS FUND, L.P. (COLLECTIVELY, THE &quot;FUNDS&quot;).  ALL OTHER
 ENTITIES AND PERSONS ARE INCLUDED WITHIN THIS REPORT DUE TO THEIR AFFILIATION WITH ONE OR BOTH OF THE FUNDS.</footnote>
        <footnote id="F2">These securities are directly beneficially owned by Harbinger Capital Partners Master Fund I, Ltd. (the &quot;Master Fund&quot;).
 These securities may be  deemed to be indirectly 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 entity or 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 entity or 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="F3">These securities are directly beneficially owned by Harbinger Capital Partners Special Situations Fund, L.P. (the &quot;Special
 Situations Fund&quot;).  These securities may be deemed to be indirectly 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 entity or 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 entity or 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>2008-05-05</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Philip Falcone</signatureName>
        <signatureDate>2008-05-05</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Raymond J. Harbert</signatureName>
        <signatureDate>2008-05-05</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Michael D. Luce</signatureName>
        <signatureDate>2008-05-05</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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