Oh brother -- got the same issue with my '75s and their salvage tanks. The petcock bungs seem to measure around 18.5mm; not sure of the pitch. I accumulated six or seven old and aftermarket Honda petcocks before coming up with one intact one, and a functioning one with no standpipes. All the aftermarket petcocks I have tried are either too large or too small.
Have you thought of having a standard NPT bung welded to the tank? The alternative is to fit an aftermarket tank (neither of my bikes are stock), but the curved 550 top tube might cause a hinkey fit.
If anyone out there has a definitive guide to CB550 petcock sizes, please post it or point us to it!