Almost all belted magnums have a SAAMI registered headspace of 0.220" minimum on the belt.
But if I have a lifetime supply of brass and none is over 0.215", then I will headspace the new barrel at 0.215".
I have many thousands of rounds or many brands of 7mmRemMag, 300WinMag, and 338WinMag brass, and I have not found any over 0.215" yet.
I have made a brass checker. In this pic I am measuring a piece of belted magnum brass with a layer of tape to be my 0.215" go gauge.
After the brass has been fired once, one has the option of not pushing the shoulder back very far in resizing, and the reloaded ammo will space on the shoulder.
The brass will last longer in a factory rifle that way.
Those factory rifles are headspaced over 0.220" on the belt, per SAAMI specs.
Factory brass has the shoulder pushed way back, so it is going to headspace on the belt on the first shot.
Yes, you could expand the neck on new factory brass, and with a sizing die form a shoulder that with stand up to the firing pin, and shoot the first shot of factory brass in a factory rifle, and it would be spacing on the shoulder. I don't know anyone who does that for belted mags. People do that for forming 6mmPPC, but it is a lot of trouble.