i dont personally know about the 7.62 nato, but i know my remington 700 in .223 will not, i say again, will not cycle 5.56MM. it chambers fine, shoots like any other mil-surp ammo(terrible) but will not eject. i had to run my cleaning rod down the barrel after every round fired to get it the round out. never ever had that problem with standard .223 Rem ammo. i think it has something to do with the rim being slightly smaller to cycle through semi autos easier, but thats just a S.W.A.G on my part. someone else will chime in on the specifics of it all.