CLEVELAND-CLIFFS INC. — Director's Dealing 2011

Feb 7, 2011

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: CLIFFS NATURAL RESOURCES INC. (CLF)
CIK: 0000764065
Period of Report: 2011-01-27

Reporting Person: Baisden Steve R. (VP, Investor Relations & Comm.)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2913.709	Direct

Footnotes

F1: The total represents 423.709 directly held common shares and 180, 1,530 and 780 Restricted Share Units granted to the Reporting Person for the Performance Periods 2008-2010, 2009-2011, and 2010-2012, respectively, pursuant to the Company's 2007 Incentive Equity Plan.