DUESSELDORF, Germany, March 12 (Reuters) - U.S. tariffs

on steel will have only a limited effect on business at

Thyssenkrupp as its main market is Europe, the company

said on Wednesday.

"Indirect effects are more serious if exports destined for

the U.S. are diverted to Europe due to the tariffs. This would

severely hurt the European market in the long term," said the

company adding that long-term solutions are needed to protect

the European market from unfair trading practices.