I've found power steering 'stop leak' to be very effective on worn/hard seals. Used it on my Mazda T300 bus and it was still not leaking six years later when I sold it.
Deano :)
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The issue you get is there is (should be) two lower seals, the primary pressure seal and then a dust seal. Dirt/mud/water get behind the dust seal and grind away at the hard chroming on the shaft, from there it's only a matter of time before it wears away the seal and the pressure in the system will continuously pump it out.
The shaft can be reground to remove the corrosion and rechromed, then when rebuilding remove the spring from the seal and untwist at the join and cut out about 1 or 2 turns. Then rejoin and fit.
I have replaced the input shaft seal with success....admittedly the shaft surface was unmarked.If the sector shaft is ok,the seals can be replaced with new ones.The procedure in this link Advest Steering Box Leak Fix - Land Rover Zone would be worth a try.I see British4wd in Tassie have a kit that includes the Torrington bearings for the sector shaft,damned site cheaper than a new box.