FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
BRINZO JOHN S
   2. Issuer Name and Ticker or Trading Symbol
CLEVELAND CLIFFS INC [CLF] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chairman & CEO
(Last)
(First)
(Middle)
1100 SUPERIOR AVENUE, 15TH FLOOR		 3. Date of Earliest Transaction (Month/Day/Year)
08/01/2005
(Street)

CLEVELAND, OH 44114		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/01/2005   M   15,000 A $ 37.8984 114,007 D  
Common Stock 08/01/2005   S   4,300 D $ 74.4 109,707 D  
Common Stock 08/01/2005   S   500 D $ 74.41 109,207 D  
Common Stock 08/01/2005   S   400 D $ 74.43 108,807 D  
Common Stock 08/01/2005   S   400 D $ 74.45 108,407 D  
Common Stock 08/01/2005   S   300 D $ 74.48 108,107 D  
Common Stock 08/01/2005   S   1,700 D $ 74.49 106,407 D  
Common Stock 08/01/2005   S   800 D $ 74.25 105,607 D  
Common Stock 08/01/2005   S   600 D $ 74.51 105,007 D  
Common Stock 08/01/2005   S   1,700 D $ 74.52 103,307 D  
Common Stock 08/01/2005   S   300 D $ 74.61 103,007 D  
Common Stock 08/01/2005   S   100 D $ 74.68 102,907 D  
Common Stock 08/01/2005   S   500 D $ 74.69 102,407 D  
Common Stock 08/01/2005   S   3,300 D $ 74.7 99,107 D  
Common Stock 08/01/2005   S   100 D $ 74.73 99,007 D  
Common Stock 08/02/2005   M   9,000 A $ 37.8984 108,007 D  
Common Stock 08/02/2005   S   1,800 D $ 76 106,207 D  
Common Stock 08/02/2005   S   300 D $ 76.01 105,907 D  
Common Stock 08/02/2005   S   100 D $ 76.05 105,807 D  
Common Stock 08/02/2005   S   1,400 D $ 76.06 104,407 D  
Common Stock 08/02/2005   S   100 D $ 76.07 104,307 D  
Common Stock 08/02/2005   S   800 D $ 76.09 103,507 D  
Common Stock 08/02/2005   S   500 D $ 76.14 103,007 D  
Common Stock 08/02/2005   S   2,800 D $ 77.46 100,207 D  
Common Stock 08/02/2005   S   1,100 D $ 77.52 99,107 D  
Common Stock 08/02/2005   S   100 D $ 77.64 99,007 D  
Common Stock               71,759 (1) I By VNQDC (2)
Common Stock               17,722 I By Wife

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Options (right-to-buy) $ 37.8984 (3) 08/01/2005   M     15,000 01/12/2003 01/12/2009 Common Shares 15,000 $ 0 18,334 D  
Options (right-to-buy) $ 37.8984 (3) 08/02/2005   M     9,000 01/12/2003 01/12/2009 Common Shares 9,000 $ 0 9,334 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
BRINZO JOHN S
1100 SUPERIOR AVENUE
15TH FLOOR
CLEVELAND, OH 44114		   X     Chairman & CEO  

Signatures

 John S. Brinzo   08/03/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Balance shown reflects 27 shares acquired June 1, 2005 pursuant to the dividend reinvestment feature of the Voluntary Non-Qualified Deferred Compensation Plan ("VNQDC") to shareholders of record as of May 20, 2005.
(2) Held for the benefit of the Reporting Person by the Cleveland-Cliffs Inc VNQDC.
(3) Original conversion price of this stock option was 75.79688. A 2-for-1 stock split occurred on December 31, 2004. The current conversion price of 37.8984 reflects the effect of the stock split.

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