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FORM 10-K/A COVER
FORM 10-K/A
SIGNATURES
EXHIBIT INDEX


SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


FORM 10-K/A

[X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For fiscal year ended December 31, 1999
OR
[   ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from ______ to ______.

Commission File Number: 1-8944
CLEVELAND-CLIFFS INC
(Exact name of registrant as specified in its charter)

     
Ohio
(State or other jurisdiction of incorporation)
34-1464672
(I.R.S. Employer Identification No.)

1100 Superior Avenue, Cleveland, Ohio 44114-2589
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (216) 694-5700


SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:

     
Name of Each Exchange
Title of Each Class on Which Registered


Common Shares — par value $1.00 per share New York Stock Exchange and
Chicago Stock Exchange

SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT: NONE

      Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. YES   X        NO __

      Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of the Regulation S-K is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. [ X ]

      As of March 1, 2000, the aggregate market value of the voting and non-voting stock held by non-affiliates of the registrant, based on the closing price of $24.125 per share as reported on the New York Stock Exchange - Composite Index was $246,437,285 (excluded from this figure is the voting stock beneficially owned by the registrant’s officers and directors).

      The number of shares outstanding of the registrant’s $1.00 par value common stock was 10,665,756 as of March 1, 2000.


DOCUMENTS INCORPORATED BY REFERENCE

1.   Portions of registrant’s 1999 Annual Report to Shareholders are filed as Exhibits 13(a) through 13(j) and are incorporated by reference into Parts I, II and IV.
 
2.   Portions of registrant’s Proxy Statement for the Annual Meeting of Shareholders scheduled to be held May 9, 2000 are incorporated by reference into Part III.


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FORM 10-K/A

The Registrant is filing this Form 10-K/A to amend its Form 10-K for the fiscal year ended December 31, 1999, filed on March 16, 2000, to revise Exhibit 99 (a), Schedule II – Valuation of Accounts, which Exhibit was inadvertently filed with disclosure covering years ended December 31, 1998, 1997 and 1996 in lieu of years ended December 31, 1999, 1998 and 1997. To accomplish this, the Registrant hereby amends and files Exhibit 99 (a) and files Exhibit 23 as follows:

PART IV

ITEM 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND REPORTS ON FORM 8-K.

(a)   (1) and (2)-List of Financial Statements and Financial Statement Schedules.

      The following consolidated financial statement schedule of the Company is included herein in Item 14(d) and attached as Exhibit 99(a).

     
Schedule II - Valuation and Qualifying Accounts
(3) Exhibit 23 Consent of independent auditors

(d)   The schedule listed above in Item 14(a)(1) and (2) is attached as Exhibit 99(a) incorporated herein by reference.

SIGNATURES

      Pursuant to the requirements of Section 13 of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

CLEVELAND-CLIFFS INC

By: /s/ Cynthia B. Bezik    
    Cynthia B. Bezik
    Senior Vice President — Finance
    Date: March 23, 2000

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Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

         
Signatures Title Date



J. S. Brinzo Chairman and Chief Executive Officer and Principal Executive Officer and Director March 23, 2000
C. B. Bezik Senior Vice President- Finance and Principal Financial Officer March 23, 2000
R. J. Leroux Controller and Principal Accounting Officer March 23, 2000
J. D. Ireland, III Director March 23, 2000
G. F. Joklik Director March 23, 2000
L. L. Kanuk Director March 23, 2000
A. A. Massaro Director March 23, 2000
F. R. McAllister Director March 23, 2000
J. C. Morley Director March 23, 2000
S. B. Oresman Director March 23, 2000
A. Schwartz Director March 23, 2000

  By:/s/ Cynthia B. Bezik                              
    (Cynthia B. Bezik, as Attorney-in-Fact)

      Original powers of attorney authorizing John S. Brinzo, Cynthia B. Bezik, Joseph H. Ballway, Jr., and John E. Lenhard and each of them, to sign this Annual Report on Form 10-K and amendments thereto on behalf of the above-named officers and Directors of the Registrant have been filed with the Securities and Exchange Commission.

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EXHIBIT INDEX

                 
Pagination by
Exhibit Sequential
Number Numbering System


23 Consent of independent auditors 5
99 Additional Exhibits
99(a) Schedule II - Valuation and Qualifying Accounts 6

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