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Wary of trade war, Asian steelmakers curb exports

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* U.S., Indonesia among nations taking steps against steel imports * Export-reliant Japan, S.Korean steelmakers may be hit * Chinese mills seen unaffected as local demand remains key By Manolo Serapio Jr and Yuka Obayashi SINGAPORE/TOKYO, July 12 (Reuters) - Asian steelmakers have begun cutting exports in the face of growing cross-border trade disputes, raising the prospect that they may be forced to curtail production as they grapple with weak domestic demand and overcapacity. The protectionist steps taken by steel-importing countries could hit steelmakers from major exporters Japan and South Korea. But China, which produces nearly half the world's steel, may only be pushed to curb...

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