Power Steering Pressure Hose - Power Steering Pump to Steering Box
This runs from the power steering pump to the steering rack. At either end is a hard metal line secured with a bolt and copper crush washer. The hose has extra length so the system can have more fluid capacity. Unfortunately it has a lot fittings where rubber hose meets metal line. These fittings are compression crimp-style swage ("swedge") fittings that are very common in the automotive world. These swage fittings are the most common area for PS leaks on your BMW. It's easier to replace the entire line with a new OEM or BMW part than to try and repair the line.
This Steering Hose fits E38 740i and 740iL - Model Years 1996, 1997, 1998, 1999, 2000, 2001
This part is listed by BMW as BMW part number 32411093929 and is described as Power Steering Hose - 32411093929 - Rein.
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BMW Fitments:
7 Series
E38 (95-01) > 740i
E38 (95-01) > 740iL