Later in the day, the German top diplomat is meeting with Israeli Prime Minister Benjamin Netanyahu in Berlin to discuss the current wave of violence in Israel and the West Bank.
Steinmeier said that he would "call upon landing and contribution towards defusing the crisis" during his talks with the Israeli prime minister.
"This appeal is directed at both sides… to plan actions and reactions with prudence and a sense of proportion," the German foreign minister told reporters ahead of the talks.
New violence erupted in recent weeks following attacks by Palestinians against Israelis in Jerusalem and retributions by the Israeli security forces, in which dozens have been killed and injured.
Palestinians seek the diplomatic and economic recognition of their independent state, proclaimed in 1988, on the territories of West Bank, including East Jerusalem, and the Gaza Strip.
Most of the areas claimed by the State of Palestine were seized by Israel in 1967 during the Six-Day War. Israel refuses to recognize Palestine as an independent political and diplomatic entity and has been building settlements on the occupied territories, despite objections from the United Nations.