It might actually be okay in some circumstances in practice but it's too complicated to be proven so.
Is a pretty good summary. You can get so far by estimating the B field at some distance from the conductor and then there are rules of thumb in watts per kilogram of material per tesla of field, but this ranges from about 2 watts of heat per kilo of material in a field of 1 tesla RMS at 50Hz for state of the art transformer cores with 3% silicon steel and optimum grain oriented , to about 100 times worse for random bits of old scaffold pole and snapped off drill bits. (These make really bad DIY transformer cores)
so, taking that awful case, < 100A RMS at 50Hz un-cancelled through a 1 inch hole or larger in a typical thin walled box is not likely to cause dangerous heating.
(or 1/8 of the current at 400Hz etc.)
Either fit multi core cables so the net current per hole is near zero, or replace the plate with a non-magnetic material, or 'dog bone' the holes with cuts of a mm or two, to join holes to include all cancelling currents, and if need be use braze metal or epoxy to back fill.
It might actually be okay in some circumstances in practice but it's too complicated to be proven so.
Is a pretty good summary. You can get so far by estimating the B field at some distance from the conductor and then there are rules of thumb in watts per kilogram of material per tesla of field, but this ranges from about 2 watts of heat per kilo of material in a field of 1 tesla RMS at 50Hz for state of the art transformer cores with 3% silicon steel and optimum grain oriented , to about 100 times worse for random bits of old scaffold pole and snapped off drill bits. (These make really bad DIY transformer cores)
so, taking that awful case, < 100A RMS at 50Hz un-cancelled through a 1 inch hole or larger in a typical thin walled box is not likely to cause dangerous heating.
(or 1/8 of the current at 400Hz etc.)
Either fit multi core cables so the net current per hole is near zero, or replace the plate with a non-magnetic material, or 'dog bone' the holes with cuts of a mm or two, to join holes to include all cancelling currents, and if need be use braze metal or epoxy to back fill.
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