星空传媒

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 ^*

RIEDERER RICHARD K

听 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
_____ Officer (give title below)	_____ Other (specify below)

(Last)

(First)

(Middle)

S25 W35020 MANOR HOUSE RD.

3. Date of Earliest Transaction (Month/Day/Year)
01/03/2006

(Street)

OCONOMOWAC,听WI听53066

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	听	听	听	听	听	听	听	4,897.709 ⁽¹⁾	D	听

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.		SEC 1474 (9-02)

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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Stock Units

⁽²⁾

01/03/2006

听

42.3394

听

听 ⁽³⁾

Common Shares

42.3394 ⁽³⁾

$ 0

1,768.3871 ⁽⁴⁾

听

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	听Director	听10% Owner	听Officer	听Other
RIEDERER RICHARD K S25 W35020 MANOR HOUSE RD. OCONOMOWAC,听WI听53066	听 X	听	听	听

Signatures

听George W. Hawk, Jr. by Power of Attorney		听 01/05/2006
^**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)	The total is adjusted to reflect the rescission of 1.18 shares acquired under a dividend reinvestment election, which has been canceled, as required by Section 409A of the Internal Revenue Code. A dividend payment of $.20 per share was made on September 1, 2005 to shareholders of record as of August 12, 2005. The Reporting Person was credited with 1.154 dividend reinvestment shares in the 星空传媒 Inc Dividend Reinvestment Plan ("Plan"). A dividend payment of $.20 per share was made on December 1, 2005 to shareholders of record as of November 18, 2005. Reflected in this total is .871 dividend reinvestment shares credited to the Reporting Person from the Plan. An additional 8.272 shares were credited to the Reporting Person on pursuant to a deferred dividend reinvestment feature of the Nonemployee Directors' Compensation Plan ("Directors' Plan") on restricted stock.
(2)	Convertible into Common Shares on a 1-for-1 basis.
(3)	Reflects number of Common Shares underlying deferred compensation credited to the account of the Reporting Person in payment of the Reporting Person's Required Retainer under the Directors' Plan. Each Stock Unit is generally distributable following termination of service as a Director.
(4)	The total includes dividend reinvestment pursuant to the Directors' Plan. The number of deferred dividend reinvestment equivalent shares earned in the Plan is calculated using the closing market price at the end of each quarter for shares held in the Plan. The reporting person was credited with 3.3672 dividend reinvestment shares on 12/30/2005.

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