I've never owned an .034, so I don't know the specifics (that's a job for the
@gsxr with the .034), but it's likely the high-pressure hose leading from the steering pump to the steering box. I'm assuming your car doesn't have SLS in the rear (fairly rare on .034s) so that you don't have a tandem pump, but rather a singular power-steering pump on the driver's side front of the engine.
The much shorter return hose I believe is the low-pressure hose, and while they do fail, it's not nearly as common as the high-pressure hose. If you are puking out PS fluid while the engine is running, it's very likely going to be the high-pressure hose doing it.
I would also visually check the hose (high and low pressure) connections at the power-steering box. Likely OK, but worth checking.
Also check the hard PS cooling line, which is the thin rectangular routed hard line going up front by the radiator/condenser area. Again, these almost never leak, but this lengthy, hard cooling line is part of the routing of the system and thus worth a visual inspection.
Here is the steering line arrangement for the .034, US-spec, without SLS (tandem pump). Hopefully it provides a reference as to the specific lines in question. This is the official MB parts diagram from the ISPPI system, which is identical to what the dealership parts counters use.
The lines I'd be taking a serious look at are #9 (high pressure line) and #45 (cooling circuit hard pipe to pump).
Hoses 29 and 30 would be secondary candidates to look at, but they are under less pressure as they are coming FROM the steering box TO the cooling circuit up front of the car.
The high-pressure part number (#9 above) is
124 460 25 24, and MB Classic is showing this hose as NLA. Thus, it is probably best (if this line is indeed the culprit) to have a local hose shop make one for you.
For reference in case you need it, the #45 hose above DOES appear to be available from MB new. It is part number
124 466 32 81 and list price is $22.50; discounted to around $16.50-$17.00 at my local dealer.
The #29 hose above is part number
201 997 03 82, and is ordered by the meter. It is around $20 list ($15-16 discounted) per meter.
The #30 hose above
[corrugated silver heat shield] is part number
126 997 29 82, and is also ordered by the meter. It is around $12 list price per meter, discounted to ~$8.50-9.00.
As a separate note.....
PLEASE PLEASE PLEASE do not use the on-line MB dealer catalogs for looking up part numbers. ONLY use them for ordering discounted parts once you get the correct part numbers from reliable sources. As you can see, these on-line dealer catalogs are sending you down rat-holes of part numbers that are irrelevant to your car. You MUST get the ISPPI (from MB; $92 per year) or the free MB EPC system download from this site. The ISPPI shows multiple supercessions of the power steering line part numbers that are likely newer than the EPC would show (given that it is now several years out of date, at best).