Filed Pursuant to Rule 424(b)(3)
Registration Statement No. 333-113252
3.25% Redeemable Cumulative BetfredCONVERTIBLE
Perpetual Preferred Stock CUSIP No. 185896305

Cleveland-Cliffs Inc

Prospectus Supplement dated December 7, 2004
betfred sportsbookto the Prospectus dated July 22, 2004

     The selling securityholders table on pages 61-65 of the prospectus, as amended, is hereby further amended to update and/or add, as applicable, the information regarding the following Betfredentities in the prospectus and their respective amount of 3.25% Redeemable Cumulative BetfredCONVERTIBLE Perpetual Preferred Stock.

                                         
                                    COMMON
    NATURAL           PRINCIPAL           SHARES
    PERSON WITH           AMOUNT OF           OWNED
    VOTING OR   SHARES OF   BetfredCONVERTIBLE           PRIOR TO
    INVESTMENT   PREFERRED   SUBORDINATED   COMMON   THIS
SELLING SECURITYHOLDER   CONTROL   STOCK   DEBENTURES   SHARES   OFFERING
 
   Yan Erlikh,                                
Bear, Stearns & Co. Inc. (1)
   David Liebowitz     1,525       betfred sportsbook1,525,000       24,596       —  
 
 
   Yan Erlikh,                                
White River Securities L.L.C. (1)
   David Liebowitz     1,525       betfred sportsbook1,525,000       24,596       —  

(1)   The inclusion of this selling securityholder in the prospectus supplement supercedes the information included in the prospectus and betfred reviewsrepresents a new position for this selling securityholder.