Assuming you've raised or fortified your smithing from when it was first brought to legendary... yes.
I'm confused ... it was my bad though with how I arranged my question.
elven dagger
smithed to legendary (no enchantment)
enchant it with fire damage
can it now be improved any more through smithing?
edit: the reason I ask, I'm trying to decide if I need anything beyond steel and arcane blacksmith on the smithing tree.