Found this device in a welder. I can only show that lateral view, since the other side is pretty tight to see. In the picture shown below, there are two red cables, and in the other side, two more red cables and two black cables. The side shown in the picture is connected to the collector of 4 IGBT in parallel. The side not shown (the red cables) are connected to the anode of 8 power diodes. I think I should draw a schematic for you to understand better. I might not be explaining well this power scenario. But what I really want to know is how that coil should work. How do the red cables in one side have to do with the red cables in the other side? I've seen some transformers and coils, but I'm not familiar with this one.