No argument. With the current state of brass, all we can do is tweak dimensions for a goal. Caseless, fail. "Ceramic", fail. There are others that failed. Maybe this will work.
We have a variety of "steel case" ammo right now. Nothing promoted as high performance, high accuracy. Just standard designs in steel (military?).
Price value equation? These standard designs in steel are "cheap" like steel case 7.62x39 at $0.50 each or 5.56 at $0.60 each. I haven't seen how much 7mm Backcountry is, I'm sure it's more than $1.00
BTW: Last I bought Remington UMC 223 at the LGS was $0.86.
Next part of that value equation is cost of one specific material. At the moment brass is very expensive. Just using recycled/scrap as a measure since it is a big part of all products.
By my limited understanding of the economics of production, the 7mm Backcountry should be significantly less expensive than a brass based equivalent to provide a value proposition to the consumer. The "equivalent" to me is the 28 Nosler and while AmmoSeek shows some at $2.50 each, Midway and local is more like $5.00. If 7mm Backcountry is at the LGS for say $3.50 that could work. All my cost models for 28 Nosler reloads are from the prices in 2015-18. I looked up some current pricing and a 28 reload with a quality CEB, Berger or Hornady ELD looks to come out at $2.25 I think. Not counting brass. Not being exact.
So, for me if the factory loads are more like $3.50, I could forgive the no-reloading. If over $5, fogedaboudit.