|If you wrap a three-phase power cord into a coil and allow it to deliver power to equipment, will the coil develop magnetic fields and, as a consequence exhibit both an inductive reactance and a voltage drop? — JH
If any current reaching the equipment through the three-phase power cord returns through that same power cord, then the net current in the cord is always exactly zero. Despite the complicated voltage and current relationships between the three power wires, one simple fact remains: the equipment can't store electric charge. As a result, any current that flows toward the equipment must be balanced by a current flowing away from the equipment, and if both flows are in the same power cord, they'll cancel perfectly. Since there is no net current flowing through the power cord, it develops no magnetic field and exhibits no inductive reactance or voltage drop.