Exhibit 23




                       Consent of Independent Auditors
                       -------------------------------

We consent to the incorporation by reference in Post-Effective Amendment Number
1 to the Registration Statement (Form S-8 No. 33-4555) pertaining to the
Restricted Stock Plan of Cleveland-Cliffs Inc and the related prospectus and in
the Registration Statement (Form S-8 No. 33-208033) pertaining to the 1987
Incentive Equity Plan of Cleveland-Cliffs Inc and the related prospectus and in
the Registration Statement (Form S-8 No. 33-48357) pertaining to the 1992
Incentive Equity Plan and the related prospectus and in the Registration
Statement (Form S-8 No. 33-56661) pertaining to the Northshore Mining Company
and Silver Bay Power Company Retirement Savings Plan and the related prospectus
of our report dated November 16, 1994, with respect to the consolidated
financial statements of Cyprus Northshore Mining Corporation and consolidated
subsidiary included in this Current Report on Form 8-K/A for the year ended
December 31, 1993.



                                                               ERNST & YOUNG LLP



Cleveland, Ohio
December 9, 1994





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