I am not 100% but I believe that you still need to have blacksmithing up to 100 and then enchant basiclly a suit of balcksmithing equipment. 25% on everything possible and then drink a 50% blacksmithing potion. add them all up and it's somewhere near 150% you can improve on. I have seen steel hit the cap but was on the PC so mods could be in use.
Keep looking, check youtube and good luck.