<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2010-12-27</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001399521</issuerCik>
        <issuerName>LIHUA INTERNATIONAL INC.</issuerName>
        <issuerTradingSymbol>LIWA</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001383432</rptOwnerCik>
            <rptOwnerName>Bruce Robert C</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O LIHUA HOLDINGS LIMITED</rptOwnerStreet1>
            <rptOwnerStreet2>HOUXIANG FIVE-STAR INDUSTRY DISTRICT</rptOwnerStreet2>
            <rptOwnerCity>DANYANG CITY, JIANGSU PROVINCE</rptOwnerCity>
            <rptOwnerState>F4</rptOwnerState>
            <rptOwnerZipCode>212312</rptOwnerZipCode>
            <rptOwnerStateDescription>CHINA</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Option to purchase Common Stock, par value $0.0001 per share</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>2.20</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2010-12-27</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>10000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>8.875</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2019-04-13</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>10000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>10000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Mr. Bruce was granted an option to purchase 20,000 shares of Common Stock on April 14, 2009 pursuant to the Registrant's 2009
 Omnibus Securities &amp; Incentive Plan.  The option vested quarterly over a one year period and is now fully exercisable.  In
 consideration of the cancellation of 10,000 shares subject to the option, on December 27, 2010, the Company paid Mr. Bruce
 an aggregate of $88,750.  The $8.875 per share purchase price was determined by the $11.075 closing price of a share on
 December 21, 2010 minus the $2.20 exercise price.  After the cancellation, an option to purchase 10,000 shares remains.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Robert C.  Bruce</signatureName>
        <signatureDate>2010-12-30</signatureDate>
    </ownerSignature>
</ownershipDocument>
