I thought it was rad that someone was actually considering building a sub box out of steel, which is what it sounded like you were doing. Because it could work very well.
Understand, I have no first hand experience building a box out of just steel, I have always used MDF and plywood, but the theory is sound. The purpose of a box is to fine tune the total resonance of the speaker as a system. It does this by being made out of dense, non-resonant materiel to trap and reflect sound waves. Steel is very very dense, hence its weight. Thus it is ideal. This seems to serve your purpose because it takes up less space than MDF.
If this is the route you want to take, remember: A sub box has to be absolutely air tight, or low end will suffer. Also, no matter the size or shape, you will want to brace the box internally with either more steel or a strong wood: plywood would be ideal since it is stronger than MDF. You could glue this or somehow fasten it to the steel so that the individual panels of steel do not resonate like a diaphram.
As for your placement. I too eventually want to put a sub in the wall cavity of the passenger side trunk. I think it will fit perfectly if the sub doesn't have a huge magnet. Your idea of the two eights firing towards the rear hatch would work as well.
But also consider this. Bass is omnidirectional below a certain frequency; this is why you can put your home theatre sub anywhere. If you aimed your subs into the back seat, the sound would no doubt be different, but not necessarily worse. Dr. Amar Bose of Bose speakers did alot of research as a kid about speaker placement in a setting or surrounding and came to the conclusion that sometimes a speaker sounds better if it is in another room, or facing a wall. Bandpass subwoofers function on this theory to a certain extent. In fact, your whole trunk, your whole car acts like a speaker enclosure, amplifying and attenuating certain frequencies.
Ideally, experimentation will give you your best results.
I'm sorry I'm long winded tonight. If you have any other questions, feel free to ask; I love talking about sound almost as much as jeeps.