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Spain’s High-Speed Rail Expansion and the Real Cost of Ambition

Posted by Anthony Davis

|March 30, 2026

Spain’s High-Speed Rail Expansion and the Real Cost of Ambition

Spain’s high-speed rail programme stands as one of the most ambitious infrastructure undertakings in modern Europe. Over a period of roughly 25 years, the country built c...

Weekly Spot Prices - 03 Jul 2026

Indicative weekly spot prices for 60/70 grade. Actual delivered costs vary by packaging, logistics and duties.

Region	USD/tonne	Trend
Middle East · FOB (drums)	527–550	▼
Europe · Delivered	415–450	▼
Asia · Delivered (bulk)	460–560	▲
USA · Bulk	550–735	▼

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Spain’s High-Speed Rail Expansion and the Real Cost of Ambition

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