I guess if the developers simply don't want to have the game here, that's fine. No shortage of (apparently better) boomer shooters here on GOG. Bit dissapointed I won't be able to play it, but I suppose I can wait.
SCPM: I will say it appears there's stuff going on behind the scenes and there's a not insignificant chance it's still coming here, but no one can say when exactly.
idbeholdME: I don't know, the dev comments in the Steam thread sound pretty definitive.
EDIT: Also just noticed the OP's user name, and I am very pleased. Although I was always partial to Blood Reavers, but Raw Steel is my 2nd choice :P
Nice to see someone who clocks the name meaning.