These break throughs are very interesting. Or put it another way, the core technology of nitro cellulose based powders contained in a brass cartridge in a bolt action or automatic rifle / machine gun was pretty much perfected by the turn of the last century - 130 odd years ago.
Of course there have been improvements and variations, and in many cases simplifications to ease manufacture and improve reliability.
Even the cornerstone of modern military rifles - the AR and AK platforms were pretty much perfected in the 1950’s.
The brass case does the work of sealing the whole mechanism so the 60,000 odd psi propels the bullet out of the muzzle at some where around 3,000 fps plus / minus 300 fps.
Steel has many many advantages over brass. Lot cheaper, and a lot stronger. But it is less flexible and doesn’t obturate as well.
The latest generation developments have made a steel case where the material can contain substantially higher pressures, it expands to seal the breach and the bullet can be launched at much higher velocities.
Is this needed for 95% of hunting activities - probably not. On the battle field, where armour protection is growing is in in sophistication, higher velocities are needed have a bullet that will kill the enemy, and not just bounce off the armour.
I suspect much of this thread is really a repeat of bewhiskered old Victorian gentlemen sitting in their clubs pouring scorn on the modern smokeless powders in high velocity bolt action rifles, especially as they had only recently rearmed with a brass cartridge holding black powder shooting big lead bullets out of single shot rifles - martini Henry’s etc. The 303, 7x57, 8x57, 30-40, 30-03 will never catch on - yet pretty much the same cartridges are still mainstream today.