Hi Roger,
I'll probably use silver-steel, harden and temper it. That's the plan anyway 
Nicholas, The tool I have is like the riveter with an integrated depth stop. It's only being used for small computer case screws initially so it should be quite manageable. The hard part is finding a uk source for 6-32 rivnuts. I found one called memfast who want £8 for 25, or there's an Ali-express source, 100 for just over £10.
I did wonder what material steel rivnuts were made of, soft enough to compress, but hard enough so the thread doesn't strip. I magine there is some kind of weak point to allow creasing around the wall.
Ed.