Yeah that's an excellent idea.Both good suggestions also look into leather bracers for those having trouble with getting enough iron you can hunt right? so plenty of leather Leather bracers cost one leather one leather strip, give as big a bump as the dagger and then you enchant them and bonus money all you did was hunt
Yea that's what i did i leveled up blacksmithing to level 50 fast and enchanting is like 40Yeah I figured this out pretty quickly. Something you can pair alongside this will also increase your Enchanting pretty quickly as well. Make the Iron Daggers like that, then use petty soul gems on the daggers. They're pretty easy to come by and are very cheap at shops.
What I did to level up my smithing is after I cleared out a Dwarven ruin, I return with a companion or two and load up on all the scrap metal. You can usually get every piece in one or two trips, depending on how many companions you take with you, and go to Whiterun and smelt everything into Dwarven metal ingots and then use them to make Dwarven bows. Once you've made your bows. Take them to the "grinding wheel" and upgrade them. Then you can sell them all there and at the Drunken Huntsman across the street. So, not only do you level up your smithing but you level up your speech craft as well if you sell them one at a time!
Happy smithing!