CLEVELAND-CLIFFS INC. — Director's Dealing 2010

Mar 15, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CLIFFS NATURAL RESOURCES INC. (CLF)
CIK: 0000764065
Period of Report: 2010-03-12

Reporting Person: GALLAGHER DONALD J (Pres. N. Am. Iron Ore)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-12	Common Stock	S	100	$63.61	Disposed	71112.048	Direct
2010-03-12	Common Stock	S	2800	$63.64	Disposed	68312.048	Direct
2010-03-12	Common Stock	S	200	$63.645	Disposed	68112.048	Direct
2010-03-12	Common Stock	S	1500	$63.68	Disposed	66612.048	Direct
2010-03-12	Common Stock	S	100	$63.69	Disposed	66512.048	Direct
2010-03-12	Common Stock	S	200	$63.67	Disposed	66312.048	Direct
2010-03-12	Common Stock	S	100	$63.63	Disposed	66212.048	Direct
2010-03-15	Common Stock	S	300	$62.24	Disposed	65912.048	Direct
2010-03-15	Common Stock	S	300	$62.25	Disposed	65612.048	Direct
2010-03-15	Common Stock	S	2000	$62.26	Disposed	63612.048	Direct
2010-03-15	Common Stock	S	500	$62.27	Disposed	63112.048	Direct
2010-03-15	Common Stock	S	100	$62.22	Disposed	63012.048	Direct
2010-03-15	Common Stock	S	100	$62.28	Disposed	62912.048	Direct
2010-03-15	Common Stock	S	1100	$62.29	Disposed	61812.048	Direct
2010-03-15	Common Stock	S	400	$62.30	Disposed	61412.048	Direct
2010-03-15	Common Stock	S	200	$62.31	Disposed	61212.048	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	98068	Indirect

Footnotes

F1: Held for the benefit of the Reporting Person by the Cliffs Natural Resources Inc. 2005 Voluntary Non-Qualified Deferred Compensation Plan (VNQDC).